Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the ...

The latest de-dollarization movement started in 2022 when the U.S. imposed all-encompassing sanctions against Russia ...

BEIJING - China's foreign exchange reserves stood at $3.2224 trillion at the end of June 2024, official data showed Sunday. The amount shrank by 0.3 percent compared with the previous month, the State ...

The U.S. dollar's share of global currency reserves reported to the International Monetary Fund nudged lower to 57.7% in the first quarter of 2025 while the share of euro-denominated reserves gained, ...

MUMBAI, Jan 30 (Reuters) - India's foreign exchange reserves rose to a record high of $709.41 billion as of January 23, ...

Our unique data on the currency composition of global foreign exchange reserves, COFER, track how much of the world’s reserves are held at central banks in different currencies—such as the US dollar, ...

Saudi Arabia in the Lead Saudi Arabia leads the list of Arab countries with the largest foreign exchange reserves, at around ...

While there is no doubt that a diversification of global currency reserves or the introduction of an alternative reserve currency would be momentous, they are far from being immediate risks. In our ...

Recent data from the Bank of Ghana (BOG) show a notable improvement in Ghana’s external reserve position. Gross International ...

Nigeria’s Net Foreign Exchange Reserve (NFER) has surged to $23.11 billion as of the end of 2024, reaching its highest level in over three years. The Central Bank of Nigeria (CBN) attributed this ...