Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the ...
The latest de-dollarization movement started in 2022 when the U.S. imposed all-encompassing sanctions against Russia ...
Despite remaining world’s dominant reserve currency, as well as most used currency in global transactions, rising risks and ...
MUMBAI, Jan 30 (Reuters) - India's foreign exchange reserves rose to a record high of $709.41 billion as of January 23, ...
The U.S. dollar's share of global currency reserves reported to the International Monetary Fund nudged lower to 57.7% in the first quarter of 2025 while the share of euro-denominated reserves gained, ...
Our unique data on the currency composition of global foreign exchange reserves, COFER, track how much of the world’s reserves are held at central banks in different currencies—such as the US dollar, ...
Bangladesh’s foreign exchange reserves have risen further, crossing the $33 billion mark. According to the latest data, the country’s ...
India’s $700 billion in foreign exchange reserves gives the economy a crucial cushion against rising geopolitical turmoil, a member of India’s rate-setting panel said, as hostilities in the Middle ...
Saudi Arabia in the Lead Saudi Arabia leads the list of Arab countries with the largest foreign exchange reserves, at around ...
Pakistan’s liquid foreign exchange reserves increased this week, with the State Bank of Pakistan reporting an increase of $16 ...
Nigeria’s Net Foreign Exchange Reserve (NFER) has surged to $23.11 billion as of the end of 2024, reaching its highest level in over three years. The Central Bank of Nigeria (CBN) attributed this ...
Recent data from the Bank of Ghana (BOG) show a notable improvement in Ghana’s external reserve position. Gross International ...