Colombo Sri Lanka is facing insecurity due to the worst economic crisis since independence. It is reported that the country has a debt of about 51 billion dollars. The government failed to import essential commodities and fuel. Neither the amount borrowed nor the interest is repaid. At the end of 2019, the foreign exchange reserves … Read more
04:27 PM Tuesday 03 May 2022 Books – Mustafa Eid: Data from the World Gold Council showed that Saudi Arabia topped the Arab countries with the highest reserves of gold in central banks among 40 countries, banks and international institutions classified by the Council in its data. Saudi Arabia ranked 18th in the world in … Read more
03:32 PM Thursday 07 April 2022 I wrote – Manal Al-Masry: Today, Thursday, the Central Bank of Egypt announced that Egypt’s foreign exchange reserves decreased for the first time in 22 months, by about $3.9 billion during the month of March. The Central Bank said, in a statement on its website, that foreign exchange reserves … Read more
China’s foreign exchange reserves shrank in January as prices of financial assets generally fell in the face of the appreciation of the dollar, according to data released Monday by the National Administration of Foreign Exchange. China’s foreign exchange reserves fell to $3,221.6 billion at the end of January, down $28.5 billion, or 0.88 percent, from … Read more
Original title: my country’s foreign exchange reserves maintained steady growth above US$3.2 trillion for eight consecutive months. Source: Economic Daily Above US$3.2 trillion for 8 consecutive months- my country’s foreign exchange reserves maintain steady growth Our reporter Yao Jin Driven by the boom in foreign trade, the scale of my country’s foreign exchange reserves has … Read more