Page 185 - Reserves News Today

Central bank devalued kwacha by 30% against US dollar last week

Central bank gives no reason for increase as reserves hit $7.51 billion

Government’s new inputs programme, Temo Letlotlo, has put a provision that requires all participating farmers to make a compulsory donation of 50kg bag of grain for every hectare subsidised to the strategic grain reserve effective the 2024-2025 planting season. Documents availed on Temo Letlotlo, which is replacing the Integrated Support Programme for Arable Agriculture Development (ISPAAD), states that the move is expected to promote ‘Go Ipelega’ and cultivate the spirit of self reliance ...

THE countrys gross international reserves (GIR) rose to $101.1 billion in October, the Bangko Sentral ng Pilipinas (BSP) reported late on Wednesday, up from $98.1 billion a month earlier.

Prices to buy gold tested 3-week lows Wednesday, falling even as longer-term interest rates on US government debt eased further and more central banks said they kept buying gold

This marks a decline from $134.9 billion worth of foreign exchange reserves which Indonesia recorded in September.

New Zealand First leader Winston Peters is not ruling out walking away from negotiations with National and Act if an agreement can’t be reached. However, in...

MAS and Bank Indonesia also renew bilateral repo agreement

SBP cites no reason for increase in reserves

Despite the stock of international reserves decreasing in September, it is sufficient to cover Namibia’s imports.According to the Bank of Namibia (BoN), the stock of...