Bundesbank’s Nagel: central bank business models are changing
Central bank business models are being forced to change as the economy digitalises, Joachim Nagel, Deutsche Bundesbank governor,…
Military comparison in numbers and how their forces stack up amid rising tensions
Iran vastly outnumbers Israel in population and available manpower. With roughly 88.4 million people compared to Israel’s 9.4…
Italy will declare its gold reserves as “property of the Italian people”
RomeWith over 2,450 tons of gold, Italy holds the third-largest gold reserves in the world, behind only the…
Tight financial conditions support Türkiye’s disinflation: CBRT
Türkiye’s central bank on Friday said tight financial conditions were playing a supportive role in balancing domestic demand…
U.S. Dollar Gains Traction Against Vietnamese Dong Amidst Federal Reserve’s Rate Cut Speculations
The US dollar exhibited a slight rise against the Vietnamese dong on Tuesday morning, with Vietcombank increasing its…
Gold rally sparks calls for BI to diversify beyond the dollar – Regulations
mid soaring gold prices, some economists are urging Bank Indonesia (BI) to diversify its reserves beyond dominant foreign…
Minimum reserves are stabilising force – Bank of Italy study
Minimum reserve requirements are effective at generating predictable demand from commercial lenders for central bank credit, a new…
Tether Releases Attestation Report Showing Excess Reserves
Stablecoin issuer Tether released an attestation report Friday (Oct. 31) saying that as of Sept. 30, its reserves…
Türkiye’s international reserves reach record high of $189.7 billion
Türkiye’s international reserves have climbed to an unprecedented level of $189.7 billion, establishing a new record high according…
Time to dip into IMF’s pot of gold
With developing countries facing intense financial pressure and developed countries slashing foreign aid, it can be tempting to…
Turkey’s global reserves hit record high of $186.2 billion
The Turkish Central Bank’s official international reserves reached a new all-time high of $186.2 billion as of October…
Dollar share in global reserves falls to 30-year low, says IMF
The IMF reported on Wednesday (October 1) that the dollar’s share of central bank reserves fell 1.5% from…