Foreign Exchange Reserves News Monitoring

Foreign Currency Reserves 2025 - Market Notice 19 February 2025

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN As part of the monetary policy framework introduced by the Chancellor of the Exchequer in 1997, the Bank of England holds its own foreign exchange …

Rupee performed well compared to other global currencies due to strong forex reserves: Minister Piyush Goyal

Rupee performed well compared to other global currencies due to strong forex reserves: Goyal

Upcoming data to watch out for – February PMI, Forex Reserves, MPC Minutes on Friday

India’s economic prospects for FY26 are well balanced and the country has displayed steady economic growth. As per the first advance estimates of national accounts, India’s real GDP is estimated to grow by 6.4 per cent in FY25. The growth in the first half …

Nigeria Eyes Deeper Middle East Collaboration Amid Rising Forex Reserves

Bank Of England: Foreign Currency Reserves 2025 - Market Notice 18 February 2025

The Bank of England announces today that it has mandated BNP Paribas, Merrill Lynch International, J.P. Morgan Securities plc and Barclays Bank PLC as Joint Lead Managers for this year’s issuance operation to finance the Bank’s foreign exchange reserves. …

Foreign Intelligence Service: Russia's foreign exchange reserves are rapidly falling

Throughout 2024, the gold holdings of Russia's National Wealth Fund (NWF) dropped from 359 tons to 187.7 tons (a 48% decrease year-on-year). This was reported by the Ukrainian Foreign Intelligence Service. The reason for this decline is the sale of …

Foreign exchange reserves in Macao SAR see increase at start of year

The monetary authority of Macao Special Administrative Region (SAR) recently suggested that Macao SAR's foreign exchange reserves in January 2025 increased by 2.3 percent from December 2024. The monetary authority said the preliminary estimate of the …

Forex reserves reach USD 700 million, up by 15 percent

However, the increase in reserves is not from economic productivity but from reliance on loans and grants Thukten Zangpo The country’s foreign exchange reserves grew by 15.39 percent year-over-year, reaching USD 700.51 million as of December 2024, an …

Spot US dollar 297.15/65 rupees, bond yields down

ECONOMYNEXT – Sri Lanka’s 15 percent revenue target in 2025, can be achieved and the deficit may be better than expected depending on the rollout of capital expenditure, but in the long term remains challenging, Fitch Rating ha said. “Fitch believes the …

Pakistani Rupee is Overvalued: Economic Advisory Council

The Economic Advisory Council (EAC) has urged Prime Minister Shehbaz Sharif to maintain export competitiveness by helping ease the pressure on the local exchange rate. Some EAC members warned that the rupee was under pressure and pointed to the Real …

Pakistan’s $3 trillion dream

Planning Minister Ahsan Iqbal, recently made a bold declaration: Pakistan aims to become a $3 trillion economy by 2047, driven by a targeted 9.0 per cent growth rate. As someone who has witnessed numerous grandiose economic pronouncements by previous …

IMF first review

EDITORIAL: The International Monetary Fund (IMF) mission is scheduled to undertake the first review of the 7 billion dollar 37-month Extended Fund Facility programme early next month to evaluate the implementation of the time bound conditions and …

Demand for gold surges in Ireland

Sales of gold are surging across the world, as people embrace one of history’s oldest investments.  The demand for gold has been fueled by inflation concerns, economic uncertainties and record-high central bank gold purchases. Founder of Tara Gold and …

Macro economy shows stability, says Bangladesh Bank Governor

Bangladesh Bank Governor Dr Ahsan H Mansur on Thursday said that the country’s foreign exchange reserves are stable and gradually increasing, despite the delayed disbursement of loan installments from the International Monetary Fund (IMF). Speaking at an …

Pakistan to use AI for tax collection, says finance minister

Retailers urged to formalise businesses, pay fair share. Pakistan aims for ‘Single B’ credit rating upgrade. Rs9.4 trillion in cash to be formalised. ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb announced on Thursday that artificial …

No more free rides, all segments must pay tax for national interest: FinMin Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb said here on Thursday that country’s retail sector, which contributes a significant 19% to the country’s GDP, is paying a mere 1% in taxes, sparking concerns over the sector’s …

Why gold price rally trumped Bitcoins in 2025? EXPLAINED

The demand for gold as a safe-haven asset is increasing amidst significant uncertainty regarding US trade policy, largely due to the aggressive reciprocal tariffs implemented by the Trump administration. Spot gold reached an unprecedented USD 2,943 per …

Pakistan cannot afford ‘free riders’: Aurangzeb calls for fairer tax contribution

Finance Minister Muhammad Aurangzeb stressed the need to bring the undocumented economy into the tax net, saying the country cannot afford ‘free riders’. “We cannot continue to go back to the same for more. The manufacturing industry, to a certain extent …

EPI UNVEILS 2024 HIGHLIGHTS & 2025 INITIATIVES AT ANNUAL STATE OF THE INSTITUTE ADDRESS

CLEVELAND, OH, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- Exit Planning Institute® (EPI) held its annual State of the Institute Address yesterday, where EPI President Scott Snider unveiled 2024 highlights and 2025 initiatives, …

The Bead Shop Advances DIY Jewellery Making with Versatile Craft Wire and Beads

MANCHESTER, MANCHESTER, UNITED KINGDOM, February 20, 2025 /⁨EINPresswire.com⁩/ -- The Bead Shop, recognized as one of the UK’s leading bead suppliers, is sparking a surge of creativity among jewellery makers with its extensive range of craft wire …

United Community selects bankers for its 2025 Leadership Academy class

GREENVILLE, SC, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- United Community has selected 20 team members to participate in its 2025 Leadership Academy class, a nine-month internal professional development program designed to enhance …

YELO Funding Named Education Insider’s Company of the Year

Amid Government Changes and Proposed Cuts to Federal Loans, YELO Funding Offers a Sustainable Solution NEW YORK, NY, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- YELO Funding, a leader in affordable student financing, is proud to …

American IRA's The IRA Café Podcast is Ramping Up Production: Three Episodes Out Now

The IRA Café Podcast offers valuable insights into retirement planning, focusing on the benefits & strategies of self-directed IRAs and alternative investments. ASHEVILLE, NC, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- The IRA …

Brett Bissell Joins OIA Global’s Board of Directors

Bringing 35+ years of supply chain expertise to drive growth and innovation. PORTLAND, OR, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- OIA Global, and its controlling shareholder, LDI, Ltd., are pleased to announce the appointment of …

Contentive Research Reveals Brand Sponsorship Drives 51% Higher Engagement in B2B Media

Research, based on advanced click heat mapping across 1.3 million senior finance professionals, confirms that brand sponsorship drives 51% higher engagement LONDON, UNITED KINGDOM, February 20, 2025 /⁨EINPresswire.com⁩/ -- New research from …

Gravitas Recruitment Group Marks 15 Years of Global Growth and Excellence

LONDON, UNITED KINGDOM, February 20, 2025 /⁨EINPresswire.com⁩/ -- Gravitas Recruitment Group celebrates 15 years as a leading player in Technology, Insurance and Banking recruitment this year. Founded by Jonathan Ellerbeck, Alex Naylor and …

Award-Winning Columbus, OH CPA Firm Unveils Modern Rebrand Focused on Entrepreneur Success

Harper & Company CPAs Plus launches new brand and digital platforms to deliver high-tech solutions while maintaining personalized service for entrepreneurs. COLUMBUS, OH, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- Harper & …

Yinson Production celebrates the naming and sail away of the Agogo FPSO

Yinson Production (OSE:YPCOR01) SINGAPORE, SINGAPORE, February 20, 2025 /⁨EINPresswire.com⁩/ -- Yinson Production has officially named the Agogo FPSO at a grand naming and sail away ceremony held at Cosco Shipping Heavy Industry (Shanghai) …

Avvenire Breaks New Ground: First Corporate Store Opens, Setting the Stage for Global Expansion

Avvenire’s Clarington store marks the start of a bold expansion, bringing high-performance electric mobility to new markets. ONTARIO, CANADA, February 20, 2025 /⁨EINPresswire.com⁩/ -- In a world where electric mobility is no longer a question of …

Enterprise Shift to Private AI With KAOPS

Nethopper Unveils Major KAOPS Upgrade to Accelerate Enterprise Adoption of Private GenAI BOSTON, MA, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- Nethopper today announced a significant upgrade to its KAOPS (Kubernetes AI Operations …

Saudi Arabia hosts the fourth Riyadh International Humanitarian Forum

LONDON, UNITED KINGDOM, February 20, 2025 /⁨EINPresswire.com⁩/ -- The King Salman Humanitarian Aid and Relief Centre (KSrelief) is set to host the fourth Riyadh International Humanitarian Forum on February 24-25, 2025. This significant event, held …

Growing Regulatory Challenges Boost Need for Small Company Payroll Services in Washington

Streamline payroll processes and ensure compliance with expert small company payroll services in Washington for efficient growth. MIAMI, FL, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- As Washington’s regulatory environment becomes …

Online Accounting Services in Texas Expanding to Meet Rising Business Demand

Discover the power of online accounting services in Texas—streamline operations, enhance compliance, and boost efficiency. MIAMI, FL, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- The demand for online accounting services in Texas is …

TravelingWiki’s CEO Jonathan Sutter Hailed for ‘Dedication to Transparency & Integrity’ & ‘Truth & Accountability’

TravelingWiki’s CEO Jonathan Sutter Hailed: ‘Dedication to Transparency & Integrity’; Commitment to ‘Truth & Accountability’; Emphasizing ‘Honest Communication’ LOS ANGELES, CA, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- In …

Washington Businesses Embrace Online Accounting Services Transforming Financial Management

Discover how online accounting services in Washington are transforming businesses with cost reduction, efficiency, and growth. MIAMI, FL, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- Miami, Florida, February 20, 2025 - Businesses in …

E&I Cooperative Services Launches EdPro Hub: A Digital Community for Educational Procurement Professionals

JERICHO, NY, NY, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- E&I Cooperative Services, the only member-owned, nonprofit sourcing cooperative dedicated to serving educational institutions, has announced the launch of the EdPro Hub, …

'In The Boardroom™' With...Wavestore’s US Sales Team on Security Innovation and Integration with Salto

Join the discussion with Wavestore's US Sales Team, Jeff Wood, Jeff Thomas & Gregg Gross, and Scott Kittell, Manager - Integration Technology Partners, Salto. NEW YORK, NY, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- With …

Caring for Life – Bioculture’s Journey from Biodiversity to Global Health Innovation

RIVIèRE DES ANGUILLES, MAURITIUS, February 20, 2025 /⁨EINPresswire.com⁩/ -- Bioculture, a pioneer at the intersection of biodiversity and biomedicine, continues to expand its mission of “Caring for Life” by reshaping global health innovation. …