News

Dollar cedes ground to euro, Swiss franc shines in global reserves, IMF data shows
The U.S. dollar's share of global currency reserves reported to the International Monetary Fund nudged lower to 57.7% in the ...
REUTERS NEXT-Sri Lanka's central bank chief says monetary policy in right balance
SINGAPORE (Reuters) -Sri Lanka has the right balance of monetary policy at the moment, and domestic inflation is expected to ...
Russia seizes $50 billion in assets as economy shifts during war in Ukraine, research shows
Russian authorities have confiscated assets worth some $50 billion over the past three years, underscoring the scale of the ...
Trump is ‘extremely troubled’ by Fed’s approach according to new letter, but bank official stands firm on independence
In a response to Fortune, Federal Reserve Bank of St. Louis President Alberto Musalem defended the Fed's autonomy, citing ...
Trump meets presidents of 5 African nations in bid to boost trade
President Donald Trump met the presidents of five African nations -- Senegal, Liberia, Guinea-Bissau, Mauritania and Gabon -- ...
Egypt's Annual Urban Consumer Inflation at 14.9% in June, Stats Agency Says
DUBAI (Reuters) -Egypt's annual urban consumer price inflation slowed to 14.9% in June from 16.8% in May, data from ...
The Nation Online3d
Investors divided on Eurobond investment
A renewed call by the International Monetary Fund (IMF) for African countries to tap international capital markets through ...
EU Weighs €100 Billion Fund for Ukraine in Next Budget Proposal
The European Union is considering setting up a €100 billion ($117 billion) fund to support Ukraine as its war with Russia ...
International Monetary Fund2d
IMF Executive Board Concludes 2025 Consultation with Euro Area
The Executive Board of the International Monetary Fund (IMF) concluded the 2025 discussions on common euro area policies with member countries. This year, the consultation also included a discussion o ...
Ghana Unlocks $367 Million Disbursement From IMF After Review
Ghana will receive another $367 million disbursement from the International Monetary Fund after passing the fourth review of ...
U.S. Dollar Far From Dead as Reserve Managers Buy Up
Claims that the U.S. dollar’s role as the world’s reserve currency is ending might be misplaced.
Gulf Times3d
QCB’s international reserves and foreign currency liquidity jump 3.5% year-on-year in June
The Qatar Central Bank’s (QCB) international reserves and foreign currency liquidity stood at QR258.9bn in June 2025, growing 3.5% on an annualised basis.The central ...