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Published on 13:50 GMT

India’s Forex reserves drop USD 2 bn to $686 bn; Gold reserves also decrease

Economy News India’s Forex and reserves drop (Pic: Depositphotos) Mumbai: India’s forex reserves dropped USD 2.065 billion to USD 686.064 billion for the week ended May 2, the RBI said on Friday. In the previous reporting week, the overall kitty had …

Source: News9 Live - Indeterminate
Published on 10:04 GMT

Naira Slips As CBN Eases FX Intervention Amid Liquidity Shortfall

The naira weakened at the Central Bank of Nigeria’s (CBN) official foreign exchange market (NFEM), closing at N1,609.63 per dollar on Thursday, as the apex bank moderated its recent aggressive interventions in the FX market. After months of heavy …

Source: Biz Watch Nigeria - Indeterminate
Published on 11:19 GMT

Gold, Cedis, and the Global Circus: A Strategic Storytelling...

GHANA’S CEDI ON THE RISE In a world where currencies often perform like circus acts—wobbling on tightropes, juggling inflation, and sometimes vanishing into thin air—Ghana’s cedi has done the unexpected: it found its balance and took a bow. From January to …

Source: Modern Ghana - Neutral
Published on 10:05 GMT

Gold inclusion in FX reserves is ‘long-overdue’- economist …strategic value in enhancing resilience during economic ...

A leading economist in the country has called the Bank of Namibia’s decision to commence gold accumulation as part of its foreign exchange reserve management strategy as “long-overdue”. The central bank last week announced the decision to include gold, …

Source: New Era - Pro-Government
Published on 04:38 GMT

‘If you don’t need forex, liquidate it’ – GUTA’s Charles Kusi Appiah warns hoarders

“If you don’t have anything to do with that forex, liquidate it,” Charles Kusi Appiah, Head of the Business and Economic Bureau of the Ghana Union of Traders’ Associations (GUTA), has warned individuals and businesses holding foreign exchange unnecessarily …

Source: Joy FM - Pending
Published on 09:47 GMT

Bitcoin Rallies Amid Asian FX Market Turbulence On Wednesday

Bitcoin went from $94K to $97K during Asian trading hours as regional currencies trumped the greenback. The strengthening TWD against the USD was the key catalyst for the FX market shake-up. The FX Markets and Bitcoin Bitcoin (BTC) experienced a tremendous …

Source: Blockzeit - Pending
Published on 11:24 GMT

Global central bank gold reserves rise to 32,000 tonnes in 2024

Total gold held by central banks globally has increased to 32,000 tonnes in 2024 from 26,000 tonnes in 2009 with top 10 central banks, including India’s, accounting for bulk of the holding at 76%. A Bank of Baroda report, based on the World Gold Council …

Source: The Economic Times - Pending
Published on 12:21 GMT

India’s forex reserves drop $2 billion, snap 8-week streak of gains

MUMBAI: India’s foreign exchange reserves declined by $2.07 billion, to $686.06 billion as of May 2, snapping an eight-week gaining streak that had lifted reserves to a near six-month high, data released by the central bank on Friday showed. The reserves …

Source: Business Recorder - Neutral
Published on 12:23 GMT

India News | Forex Reserves Drop USD 2 Bn to USD 686 Bn

Mumbai, May 9 (PTI) India's forex reserves dropped USD 2.065 billion to USD 686.064 billion for the week ended May 2, the RBI said on Friday. In the previous reporting week, the overall kitty had increased USD 1.983 billion to USD 688.129 billion. Also …

Source: Latestly - Indeterminate
Published on 13:27 GMT

India's forex reserves fall to 686 bln USD

NEW DELHI, May 9 (Xinhua) -- India's foreign exchange (forex) reserves fell by 2.07 billion U.S. dollars to 686.06 billion dollars during the week ended May 2, official data released by the country's central bank showed Friday. The Reserve Bank of …

Source: Xinhua News Agency - Gov't Propaganda
Published on 08:39 GMT

Poland’s gold reserves now larger than Europe Central Bank’s, says Polish central bank chief

Keep our news free from ads and paywalls by making a donation to support our work! Notes from Poland is run by a small editorial team and is published by an independent, non-profit foundation that is funded through donations from our readers. We cannot do …

Source: Notes from Poland - Neutral
Published on 07:29 GMT

Kannada actress Ranya Rao seeks statutory bail in gold smuggling case at the end of 60-day DRI probe period

Kannada actress Ranya Rao, who was arrested in an alleged gold smuggling case in March, has moved court for statutory bail by citing that the Directorate of Revenue Intelligence (DRI) has not filed a charge sheet 60 days after her arrest.Ranya Rao, …

Source: The Indian Express - Center-left
Published on 12:51 GMT

Bawumia’s Gold Policy Being Celebrated – Gideon Boako

Member of Parliament (MP) for Tano South and Deputy Ranking Member on the Finance Committee of Parliament, Dr. Gideon Boako, has observed that government is artificially pushing the strength of the Cedi through the gold purchase programme. In a …

Source: Daily Guide - Pro-Government
Published on 03:56 GMT

Gold Reconsidered: A Strategy To Facilitate 21st Century United States Excellence

By Vincent Lanci Summary: This report explores gold’s reemergence not merely as a store of value, but as a strategic monetary tool for circumventing sanctions, supporting trade diplomacy, and conducting debt management. Drawing upon historical precedent, …

Source: Zero Hedge - Right-wing
Published on 13:45 GMT

Wall Street brings bitcoin vs. gold clash to the masses

(Bloomberg) — The culture clash between Bitcoin (BTC-USD) enthusiasts and gold (GC=F) bugs is about to be played out in the world of exchange-traded funds. Most Read from Bloomberg Tidal Financial Group this week filed to launch a pair of long-short trades …

Source: Yahoo Finance - Pending
Published on 04:38 GMT

‘What do I do with my dollars?’ – GUTA reveals growing panic among traders holding on to forex

Charles Kusi Appiah, Head of the Business and Economic Bureau of the Ghana Union of Traders Association (GUTA), has revealed a growing sense of panic among traders holding on to foreign currency as the cedi continues to strengthen. According to him, many …

Source: Joy FM - Pending
Published on 04:38 GMT

Demand for forex as store of value has decreased – GUTA

The Ghana Union of Traders’ Associations (GUTA) says the recent appreciation of the cedi is being driven in part by a sharp reduction in demand for foreign currency among its members. According to Charles Kusi Appiah, Head of Business and Economic Bureau …

Source: Joy FM - Pending
Published on 02:02 GMT

Gold subdued as Trump signals potential trade deal with Britain

NEW YORK: Gold prices inched lower on Thursday, ahead of US President Donald Trump’s likely announcement of a trade deal between the United States and Britain. Spot gold was down 0.1% to $3,362.19 an ounce as of 1318 GMT, after rising 1% earlier in the …

Source: Business Recorder - Neutral
Published on 09:56 GMT

Gold Forecast Today 09/05: Plunges After Trade Deal (Chart)

(MENAFN- Daily Forex) Gold markets initially tried to rally during the trading session on Thursday, as we continue to see a lot of upward pressure in general. That being said, this is a market that has turned around quite violently, and there were a couple …

Source: MENAFN - Indeterminate

03 days 13:39:05

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Published on May 8, 2025 - 13:56 GMT

Forex Bonus Arbitrage: Understanding the Risks of Unethical Trading Practices

DUBAI, UNITED ARAB EMIRATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- DB Investing highlights a growing trend in the forex trading industry involving the misuse of losable forex bonuses through arbitrage strategies. This development has raised concerns …

Distribution channels: Banking, Finance & Investment Industry ...
Published on May 8, 2025 - 10:11 GMT

Markets at a Crossroads: EBC Financial Group Examines Biggest Post-Pandemic Divergence in Central Bank Policies

Global rate paths diverge as markets react to U.S. tariffs, Eurozone easing, and escalating geopolitical risks. DC, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- In a world where central banks once moved in lockstep, traders are now facing a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on May 8, 2025 - 10:07 GMT

Markets at a Crossroads: EBC Financial Group Examines Biggest Post-Pandemic Divergence in Central Bank Policies

Global rate paths diverge as markets react to U.S. tariffs, Eurozone easing, and escalating geopolitical risks. DC, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- In a world where central banks once moved in lockstep, traders are now facing a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 8, 2025 - 10:08 GMT

Markets at a Crossroads: EBC Financial Group Examines Biggest Post-Pandemic Divergence in Central Bank Policies

Global rate paths diverge as markets react to U.S. tariffs, Eurozone easing, and escalating geopolitical risks. DC, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- In a world where central banks once moved in lockstep, traders are now facing a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on May 9, 2025 - 11:30 GMT

Plains All American Reports First-Quarter 2025 Results

HOUSTON, May 09, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported first-quarter 2025 results and provided the following highlights: First-Quarter Results Reported net income …

Distribution channels: Business & Economy ...
Published on May 9, 2025 - 11:00 GMT

InspireMD Reports First Quarter 2025 Financial Results

MIAMI, May 09, 2025 (GLOBE NEWSWIRE) -- InspireMD, Inc. (Nasdaq: NSPR), developer of the CGuard™ Prime carotid stent system for the treatment of carotid artery disease and prevention of stroke, today announced financial and operating results for the first …

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Published on May 9, 2025 - 10:30 GMT

Outbrain Announces First Quarter 2025 Results

NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Outbrain Inc. (Nasdaq: OB), which is operating under the new Teads brand following Outbrain’s acquisition of Teads in February 2025, announced today financial results for the quarter ended March 31, 2025. First …

Distribution channels: Business & Economy, IT Industry ...
Published on May 9, 2025 - 12:30 GMT

Source Energy Services Announces Normal Course Issuer Bid

CALGARY, Alberta, May 09, 2025 (GLOBE NEWSWIRE) -- TSX: SHLE Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted Source’s notice of intention to implement a Normal Course …

Distribution channels: Mining Industry ...

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Published on May 9, 2025 - 14:14 GMT

Open Hearts Foundation Awards $30,000 in Wildfire Relief Grants

Supporting Displaced Families and Chronically Ill Patients in Los Angeles LOS ANGELES, CA, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- In response to the devastating wildfires impacting Los Angeles County, Open Hearts Foundation awarded $30 …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...
Published on May 9, 2025 - 14:13 GMT

OpenPayd Highlights Embedded Infrastructure for Crypto at TOKEN2049 Dubai

OpenPayd participated in TOKEN2049 to engage with the global Web3 and digital asset community. LONDON, UNITED KINGDOM, May 9, 2025 /⁨EINPresswire.com⁩/ -- TOKEN2049 Dubai, held at the Madinat Jumeirah, brought together a global audience of crypto pioneers …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 9, 2025 - 14:00 GMT

Outsource Accounts Receivable Services Help Florida Manage Revenue Cycles

Florida companies strengthen cash flow and streamline finances as they outsource accounts receivable services for growth. MIAMI, FL, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- In Florida, businesses are increasingly grappling with delayed payments …

Distribution channels: Banking, Finance & Investment Industry ...
Published on May 9, 2025 - 14:00 GMT

Delaware Companies Embrace Outsource Accounts Receivable Services for Growth and Efficiency

Delaware businesses are increasingly adopting outsource accounts receivable services to improve cash flow and streamline operations. MIAMI, FL, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- Outstanding invoices are on the rise, putting pressure on …

Distribution channels: Banking, Finance & Investment Industry ...
Published on May 9, 2025 - 13:25 GMT

Chris Voss-Backed Business Bourbon™, The Foundation, Wins Double Gold at 2025 San Francisco World Spirits Competition

Chris Voss launches The Difference® Business Bourbon™, defining a new category with a Double Gold-winning bourbon built for business. LOUISVILLE, KY, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- The Foundation, the debut release from The …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 9, 2025 - 13:00 GMT

Ximen Mining Corp Update on Yankee Boy Historic Gold Mine, Southern BC

Ximen Mining Corp. (TSX:XIM.v) VANCOUVER, BRITISH COLUMBIA, CANADA, May 9, 2025 /⁨EINPresswire.com⁩/ -- Ximen Mining Corp. (TSX.v: XIM) (FSE: 1XM) (OTC: XXMMF) (the “Company” or “Ximen”) provides the update on its mineral property in the Greenwood …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on May 9, 2025 - 12:58 GMT

From SPLIT to the White House: Fight For Life Club’s Mission to Save Lives, One Child at a Time

This May, the Foundation’s work was Invited to the 29th Annual Meeting of the Society of Pediatric Liver Transplantation and later welcomed to the White House WASHINGTON, DC, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- Contact: Fight For …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...
Published on May 9, 2025 - 12:15 GMT

Tradier Unveils Extended Hours Trading for SPX, XSP, and VIX Options and Pro-Level Tools

Tradier focused on Empowering Active Traders with Flexibility, Global Access creates a key capability for its customers CHARLOTTE, NC, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- Tradier, a leading brokerage platform focussed on active …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on May 9, 2025 - 12:00 GMT

Billboard Top 10 artist Kendra Erika joins The Phoenix Dojo Gala to Honor Resilience and Rebuild Hope

Honoring resilience and rebuilding hope for Gerry Blanck’s dojo and families affected by the fire; uniting through martial arts, music, and a mission to rebuild SANTA MONICA, CA, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- In a powerful …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 9, 2025 - 12:00 GMT

Manifest Financial and Too Lost Announce Partnership to Transform Financial Management for Independent Artists

Too Lost has partnered with Manifest Financial to offer financial tools for indie artists, addressing payment gaps, royalty delays, and limited banking support. NEW YORK CITY, NY, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- Manifest Financial has …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 9, 2025 - 11:45 GMT

ORTHOWORLD Releases the 2025 Edition of THE ORTHOPAEDIC INDUSTRY ANNUAL REPORT

Global orthopedic revenue reached $62 billion in 2024, with a projected climb to $73 billion by 2028 CHAGRIN FALLS, OH, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- ORTHOWORLD® Inc. is pleased to announce the release of the 2025 edition of …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on May 9, 2025 - 11:20 GMT

Equimedia Ltd becomes a Certified B Corporation

The performance digital marketing agency joins the growing movement of companies using business as a force for good. CIRENCESTER, GLOUCESTERSHIRE, UNITED KINGDOM, May 9, 2025 /⁨EINPresswire.com⁩/ -- Equimedia Ltd today announces its certification …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...
Published on May 9, 2025 - 11:15 GMT

Turning Lifelines Into Launchpads: Ghana Pushes to Transform Remittances Into Catalysts for National Development

ACCRA, GHANA, May 9, 2025 /⁨EINPresswire.com⁩/ -- Remittances, long viewed as personal safety nets for Ghanaian families, are now being recognized as powerful tools for economic transformation. A new call to action urges policymakers, financial …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 9, 2025 - 10:43 GMT

Tranzzo Unveils In-Depth Analysis of Failed Transactions, Offering Strategic Solutions to Recover Lost Revenue

Nearly 30% of transactions fail due to preventable issues. Tranzzo offers data-driven tools to improve approval rates and recover lost revenue LONDON, UNITED KINGDOM, May 9, 2025 /⁨EINPresswire.com⁩/ -- Leading payment platform Tranzzo has released new …

Distribution channels: Banking, Finance & Investment Industry ...
Published on May 9, 2025 - 09:00 GMT

Leveraging Decades of Experience, Fast Verify Expands Its HR and Staffing Solutions

Fast Verify enhances HR hiring by integrating background screening with ID and face verification to reduce errors, and invites further industry collaboration. LAS VEGAS, NV, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- Fast Verify, a uniquely …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 9, 2025 - 08:06 GMT

Instrak Venture Capital Berhad Announces Strategic Intent to Invest in GA Skylight Berhad

KUALA LUMPUR, MALAYSIA, May 9, 2025 /⁨EINPresswire.com⁩/ -- 8 May 2025 – Instrak Venture Capital Berhad (IVCB) is proud to announce its strategic intent to invest in GA Skylight Berhad (GA Skylight), signifying the start of a transformative …

Distribution channels: Banking, Finance & Investment Industry ...
Published on May 9, 2025 - 07:14 GMT

Soriano, Founder of Soriano Motori Corp, to Deliver Keynote at the XII Global Climate Change Forum in Zurich

The forum is expected to draw world leaders, innovators, investors, and change-makers from across the globe. NEW YORK, NY, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- Marco Antonio Soriano, founder of Soriano Motori Corp, will serve as a …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on May 9, 2025 - 06:43 GMT

PolicyX.com Expands Horizons: Gears up for motor insurance debut in FY26

India's motor insurance sector is witnessing robust growth, projected to expand from 1.12 lakh crore in 2025 to 1.82 lakh crore by 2030, at a CAGR of 10.25% GURUGRAM, HARYANA, INDIA, May 9, 2025 /⁨EINPresswire.com⁩/ -- Gurugram, May 7, 2025 — …

Distribution channels: Banking, Finance & Investment Industry, Education ...
Published on May 9, 2025 - 06:07 GMT

America Mortgages Partners with Newzip to Deliver End-to-End Property Buying Support for International Investors

Seamless U.S. property search and financing now available for global investors through one streamlined platform. SINGAPORE, SINGAPORE, May 9, 2025 /⁨EINPresswire.com⁩/ -- America Mortgages, the industry leader in U.S. mortgage financing for non- …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 9, 2025 - 06:06 GMT

America Mortgages Partners with Newzip to Deliver End-to-End Property Buying Support for International Investors

Seamless U.S. property search and financing now available for global investors through one streamlined platform. SINGAPORE, SINGAPORE, May 9, 2025 /⁨EINPresswire.com⁩/ -- America Mortgages, the industry leader in U.S. mortgage financing for non- …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...