Africa: Mahama to Lead Repatriation of Africa's Foreign Reserves ...Says Continent Trapped in Dependency: [Ghanaian Times] President John Dramani Mahama, the African Union champion of African financial Institutions, has hinted that he is leading advocacy for the repatriation of and investment of part of Africa's "huge foreign reserves" in African Financial Institutions. http://newsfeed.facilit8.network/TQtFSR #Africa #Mahama #ForeignReserves #EconomicIndependence #Investment
South Korea’s foreign reserves fell for a second month in January, dropping $2.15 billion to $425.91 billion, as authorities intervened to stabilize the won and extended FX swap deals with the National Pension Service.
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https://en.infomaxai.com/news/articleView.html?idxno=103666

The naira recorded more than N3 weekly exchange rate depreciation despite sustained FX intervention sales by the Apex Bank. The official spot rate closed at N1450.4287 per dollar on Friday, depreciated...

https://dmarketforces.com/naira-lost-despite-cbn-intervention-foreign-reserves-hit-45bn/

#Naira #ForeignReserves

Naira Lost Despite CBN Intervention, Foreign Reserves Hit $45bn

The naira recorded more than N3 weekly exchange rate depreciation despite sustained FX intervention sales by the Apex Bank. The official spot rate closed at

MarketForces Africa
Bank of Korea Governor Rhee Chang-yong said the current won-dollar exchange rate does not signal a crisis, citing stable CDS premiums and global market assessments, while noting recent volatility and ongoing tariff issues with the US and China.
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https://en.infomaxai.com/news/articleView.html?idxno=86362
Rhee Chang-yong Says Current FX Level Not a Crisis

Bank of Korea Governor Rhee Chang-yong said the current won-dollar exchange rate does not signal a crisis, citing stable CDS premiums and global market assessments, while noting recent volatility and ongoing tariff issues with the US and China.

Yonhap Infomax
The Federal Reserve’s Beth Anne Wilson said recent doubts about the US dollar’s safe-haven status are cyclical, not structural, and that reduced dollar reserves reflect normalization, not a loss of dominance.
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https://en.infomaxai.com/news/articleView.html?idxno=85503
Flow of Dollar Hegemony as Seen by the Fed’s Head of International Finance

The Federal Reserve’s Beth Anne Wilson said recent doubts about the US dollar’s safe-haven status are cyclical, not structural, and that reduced dollar reserves reflect normalization, not a loss of dominance.

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The dollar-won exchange rate pared gains in after-hours trading, holding above 1,420 won as global dollar strength persisted, while U.S.-China tensions and South Korean authorities' intervention limited further upside.
#YonhapInfomax #DollarWon #ExchangeRate #USChinaTensions #ForeignReserves #Tariffs #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=85265
Dollar-Won Gains Narrow in After-Hours Trading, Holds Above 1,420 Level

The dollar-won exchange rate pared gains in after-hours trading, holding above 1,420 won as global dollar strength persisted, while U.S.-China tensions and South Korean authorities' intervention limited further upside.

Yonhap Infomax