Browsing: Special Drawing Rights

– In August, South Korea’s foreign exchange reserves experienced their largest monthly growth ever, reaching a total of $442.28 billion by the end of the month, according to the Bank of Korea. This marks a $14.33 billion rise from the

SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar assets and authorities used reserves in operations to ease currency-market strain, central bank data showed on Friday. Official reserves stood

MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on Friday. The stockpile increased $4.885 billion from $723.608 billion a week earlier,

BEIJING: China has outlined a renewed push to expand the global role of the renminbi, also known as the yuan, alongside new measures aimed at strengthening cross-border settlement channels and building financial infrastructure in Shanghai. In an essay published by