Saravelos said a removal of Powell would be far worse than President Nixon’s imposition of Arthur Burns on the Fed in the 1970s. Nixon and Burns, like Trump, were fixated on lowering interest ...

Botswana is increasing the rate at which the pula depreciates against a basket of currencies, the finance ministry said on July 11, as the central bank struggles to stem a rapid decline in foreign ...

Circle aims to launch the first US digital currency bank, bringing USDC fully under federal regulation with custody and ...

The foundations of the global finance architecture had already begun to shift long before Donald Trump’s second term as ...

The Bank of Ghana sold $1.4 billion in foreign exchange during the first quarter of 2025, according to the latest International Monetary Fund (IMF) review of Ghana’s programme.

Dubai: Pakistan’s foreign exchange reserves soared to a 39-month high of $20.03 billion in July, fuelled by a sharp increase ...

Although the re-entry of naira cards into the international payment system was not announced with fanfare, the return has ...

For the week ended July 4, foreign currency assets, a major component of the reserves, dropped by USD 3.537 billion to USD 591.287 billion, the data released on Friday showed.

A global stoush is brewing over stablecoins, but the Reserve Bank is keeping an open mind with new real-world digital ...

Nigeria’s gross official reserves dropped by $1.2 billion month-on-month (MoM) to $37.2 billion at the end of June 2025, ...

The Reserve Bank of India (RBI) has a digital currency under trial, but it may be time for RBI-regulated rupee-pegged ...

Now, however, its national debt stands at $36 trillion, and investors, economists, and policy makers are wondering what comes ...