Here's what happened: A payment that used to take three to five days now takes seven seconds. Costs dropped 98%. A cobalt shipment from Congo to Shanghai now settles in Chinese yuan, without touching ...
Argentina’s central bank announced adjustments to its foreign exchange framework that investors broadly view as a step toward ...
The U.S. stock market is drifting lower following mixed data on the economy’s strength. The S&P 500 fell 0.4% Tuesday and ...
NEW YORK, NY / ACCESS Newswire / December 16, 2025 / For a century, the world has operated on a comfortable illusion. Central banks believe they know how much gold they hold. Sovereign wealth funds as ...
For a century, the world has operated on a comfortable illusion. Central banks believe they know how much gold they hold. Sovereign wealth funds assume their reserves are exactly what the paperwork ...
The Federal Reserve was forced to quickly pivot from shrinking its balance sheet to adding liquidity back to the financial ...
The Indian rupee crossed the mark of Rs 91 against the US dollar on Tuesday. The new low has impacted the sentiment of ...
India’s central bank injected $5 billion through a foreign-exchange swap auction, deploying the tool for the first time since ...
These are the executives, regulators, investors, disruptors and firebrands who will have the biggest impact on bankers in the ...
A primary goal is to accumulate foreign currency reserves, which the bank ​said are ‌urgently needed to underpin ‍growth. It ⁠aims to purchase up to $10 billion, with a potential overall reserve ...
The central bank voted 9-3 on Wednesday to cut its benchmark rate by a quarter point, to a range between 3.5% and 3.75%. Two favored no cut and one preferred a larger reduction. It was the first time ...
Trading in the Hungarian forint, long a niche emerging market currency, has more than doubled since U.S. President Donald ...