- Value Partners Multi-Asset Insights - Kelly Chung, Chief Investment Officer
- UK food inflation marches down while caution reigns over Fed decision
- Camco launches new technical assistance facility for REPP 2
- Building Bridges in Banking: The Power of Partnerships from the Nairobi Summit 2024
- Shaping the Future of Banking: Key Trends from the 11th Edition Connected Banking Summit- Innovation & Excellence Awards East Africa 2024, Nairobi, Kenya
FX reserves – China has enough, Says Standard Bank
LAGOS (Capital Markets in Africa) – China’s foreign exchange reserves are now below USD3tr, the lowest in three years. In fact, relative to GDP, this is the lowest since the early 2000s. China has seen a material decline in reserves-to-GDP since 2008 resulting from declining global demand combined with growing outbound investment. More recently, the sharp decline in China’s once heralded reserves has come with the defence of the renminbi, triggering concerns in global financial…
Read More