The State Bank of Pakistan (SBP) has kept its policy rate steady at 11 percent, in line with market expectations, following ...

Mohammed Abdullahi, the deputy governor of the Central Bank of Nigeria (CBN) for economic policy, says the country's foreign ...

Explore how the Triffin Dilemma challenges countries that issue reserve currencies, balancing international demands with domestic monetary policies.

In a related development, Nigeria’s foreign exchange reserves rose to $42.8 billion, up from $42.79 billion earlier in the week. According to checks by Nairametrics, this marks the highest reserve ...

The Indian Rupee (INR) declines at open against the US Dollar (USD) on Wednesday. The USD/INR jumps to near 88.50, while the ...

The Governor also highlighted the CBE’s ongoing work to enhance the foreign exchange market, including the introduction of ...

Learn how floating exchange rates work, driven by forex market supply and demand, and compare with fixed rates to grasp their impact on global economies.

Spread This NewsBy Alois Vinga President Emmerson Mnangagwa on Tuesday praised the Reserve Bank of Zimbabwe’s (RBZ) tight monetary policy stance, describing it as favourable for sustaining economic ...

MOSCOW (Reuters) -Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference ...

The International Monetary Fund (IMF) has given a strong vote of confidence to Nigeria’s ongoing economic reforms, acknowledging the Central Bank of Nigeria’s (CBN) decisive measures as key drivers of ...

The RBI MPC kept the repo rate unchanged at 5.50% and maintained the policy stance as ‘Neutral’. This marks the second consecutive pause following a cumulative 100 basis point (bps) rate cut earlier ...

Following a calm Monday, Cuba's informal currency market experienced another shift as the value of the U.S. dollar increased. On Tuesday morning, the ...