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China’s FX reserves rise to $3.27t in Nov
China’s foreign exchange reserves rose by 0.15 per cent month-on-month to $3.2659 trillion at the end of November
Central Bank of Egypt shares financial literacy expertise with Mauritanian delegation
The Central Bank of Egypt (CBE) recently hosted a delegation from the Banque Centrale de Mauritanie (BCM).
BOK Chief: Trump’s trade policies pose greater risk to S.Korea than marital law fiasco
South Korea faces greater economic risks from US President-elect Donald Trump’s trade policies than from its own…
World Bank announces record $100b IDA replenishment
The World Bank Group has announced a historic $100 billion replenishment of the International Development…
Egypt’s central bank launches instant inbound remittance service
The Central Bank of Egypt (CBE) announced on Thursday the launch of a new service that enables instantaneous…
BOK chief: Impeachment politics unlikely to impact South Korea’s economic outlook
Bank of Korea (BOK) Governor Rhee Chang-yong said on Thursday that the ongoing political turmoil over the…
S. Africa’s current account deficit narrows in Q3 ’24
South Africa's current account deficit narrowed to R70.8 billion in the third quarter of 2024, from a revised R75.3…
Fitch: Egypt’s ability to weather shocks bolstered by flexible exchange rates,…
Fitch Ratings released on Thursday a new report outlining “the centrality of flexible exchange rates as shock…
Italy, AfDB sign €400-m climate finance deal
Italian state lender Cassa Depositi e Prestiti (CDP) and the African Development Bank (AfDB) have signed a €400…
China’s PBC deploys 37.3b yuan reverse repo
The People’s Bank of China (PBC) conducted a seven-day reverse repo operation on Thursday, injecting 37.3 billion…