Explore the role and impact of reserve currencies in global trade. Understand the dominance of the U.S. dollar and future challenges it faces in the international market.

India’s central bank is stepping up efforts to stabilise the rupee and government bond market as global crude oil prices surge above $100 a barrel, raising concerns about inflation, the trade deficit ...

China’s foreign-exchange reserves edged up last month, as policymakers keep a wary eye on the spillover effect of the war in Iran on global financial markets. According to official data released ...

The foreign exchange reforms implemented by the Central Bank of Nigeria have helped lift external reserves to $50.45bn and supported relative stability in the naira. SAMI TUNJI examines how the ...

The naira weakened against the United States dollar on Monday in the NFEM window despite a rise in foreign exchange inflows into the ...

India is driving a recalibration by fostering bilateral trade settlements in local currencies, a calculated bid to enhance monetary sovereignty and reduce dollar dependency.

Nigeria's naira weakens to N1,405.62 against the dollar despite rising FX inflows and improved reserves, signalling a potential convergence in the exchange market.

A revived speech and a shifting global backdrop. Beijing is signalling new urgency in its push to elevate the yuan - but the ...

The Indian Rupee faced significant pressure, nearing a record low due to soaring crude oil prices and a stronger US dollar, ...

Argentine President Javier Milei, a staunch ally of US President Donald Trump and Israel, hails the benefits of the Iran war for his country’s exports and foreign currency reserves.

The Indian rupee plunged to its all-time closing low of 92.35 (provisional) against the US dollar on Monday, falling 53 paise ...

While the Central Bank currently holds a healthy $7 billion reserve buffer to manage foreign exchange demand, a prolonged oil ...