A return to the gold standard is nearly impossible but it’s no surprise that countries want to reduce their reliance on the ...

THE Bangko Sentral ng Pilipinas (BSP) said it uses gold sales to manage foreign exchange reserves, after the Palace rejected ...

Foreign currency assets, the largest component of forex reserves, dropped by $4.515 billion to $539.591 billion.

This was the key reason for devaluing the naira and embarking on FX reforms,” she said.The dollar falls in markets as the ...

India's forex reserves slumped in the week that ended on February 14, reversing the gains it had extended in the past three ...

Since the strength of a country’s foreign reserve is measured by the number of months it covers the volume of imports, the ...

Besides Danantara, these are the top largest sovereign wealth funds in the world based on the data published by Sovereign ...

If world leaders had been clearer about the sanctions Putin would face, they might have deterred his invasion of Ukraine.

Naira’s rally in recent times hasn’t been solely due to direct interventions by the central bank. Bismarck Rewane, CEO of ...

U.S. stocks are recovering some of their sharp losses from last week. The S&P 500 rose 0.3% in early Monday trading.

However, Rewane explained today that the CBN intervening in the FX market is playing its role in maintaining external ...

Persistent foreign portfolio outflows may keep the Indian rupee on the defensive this week with the currency taking cues from ...