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Category foreign reserves

MainNewsforeign reserves
Zimbabwe’s Central Bank to Shield Gold-Backed Currency From Market Volatility

Zimbabwe’s Central Bank to Shield Gold-Backed Currency From Market Volatility

Zimbabwe’s central bank governor, John Mushayavanhu, has stated that the bank might use its foreign currency reserves to protect the Zimbabwe Gold ...
Sep, 24, 2024
by Bitcoin News
Euro’s Reserve Currency Status Threatened as Its Share of Foreign Reserves Holdings Drops

Euro’s Reserve Currency Status Threatened as Its Share of Foreign Reserves Holdings Drops

A report from the European Central Bank indicated that the euro’s share of foreign exchange reserves declined by one percentage point to 20% in 202...
Jun, 13, 2024
by Bitcoin News
IMF Boss: Supporting Egyptian Currency Akin to ‘Putting Water in a Bucket That Has Holes’

IMF Boss: Supporting Egyptian Currency Akin to ‘Putting Water in a Bucket That Has Holes’

Kristalina Georgieva, the International Monetary Fund (IMF)’s managing director, has said Egypt needs to plug leakages of foreign reserves if it wi...
Jun, 27, 2023
2 min read
by Bitcoin News