Currency exchange transactions in Laos can now only be done through state-run banks. The move has resulted in nationwide business disruptions.
January 29, 2023New Zealand will look to increase its foreign reserves holdings over "a number of years" in order to minimise the market impact.
January 27, 2023Sri Lanka’s prime minister Ranil Wickremesinghe expects to have a debt restructuring agreement with the IMF in place by late July.
June 30, 2022The Bangladesh government plans to allow laundered funds to be repatriated without penalty to boost its foreign exchange reserves.
June 1, 2022Officials from the PBOC, MOF and CSRC reportedly met with foreign and domestic banks to discuss ways to protect China's foreign assets from possible future US sanctions.
May 2, 2022The public is asked to inform the Foreign Exchange Department of CBSL of any person, institution or any other entity that is engaged in unauthorized FX dealings.
March 4, 2022Sri Lanka is seeking advice from the IMF and credit from China, India, Pakistan and Australia, while the central bank offers to pay migrant workers for FX inflows.
February 3, 2022Japan would become the first G7 government to use its foreign reserves for ESG investments, as it ramps up efforts to combat climate change.
October 13, 2021Sri Lanka has imposed import restrictions to limit foreign currency outflows, while also borrowing more internationally to bolster its reserves.
September 13, 2021The Bill focuses on reforming RBNZ’s overall institutional, governance, accountability, and funding arrangements, effectively updating 30-year-old legislation.
July 30, 2020