Tag Archives: reserves

ST. PETERSBURG | Xinhua |  The value of Russia’s gold reserves has exceeded 150 billion U.S. dollars for the first time in contemporary history, due to the rise in gold prices, RIA Novosti news agency reported on Thursday. The value of Russia’s gold investments in November increased by 2.2 percent, …

New Delhi, India | Xinhua | India’s foreign exchange reserves declined by 6.05 billion U.S. dollars during the week ended May 19 to 593.48 billion U.S. dollars, showed the latest data released by the Reserve Bank of India. This situation came after three consecutive weeks seeing the forex reserves rise. In …

Nairobi, Kenya | Xinhua | Kenya’s foreign exchange reserves declined by 12.5 billion shillings (about 103 million U.S. dollars) this week to hit a five-year low as the shilling fell to the lowest level in history against the dollar, the Central Bank of Kenya said in its weekly update of …

Moscow, Russia | Xinhua | Near half of Russia’s roughly 640 billion U.S. dollars of gold and foreign currency reserves has been frozen, Russian Finance Minister Anton Siluanov said Sunday. Siluanov said on a Russian TV program that Russia will pay roubles to its debt holders. He said that the …

Nairobi, Kenya | Xinhua |  Kenya’s foreign exchange reserves fell a record 49 billion shillings (about 428 million U.S. dollars) this week as the shilling hit a new low amid strong dollar demand from importers. The Central Bank of Kenya (CBK) said in its weekly update of the financial markets …