Tag: Foreign Exchange Reserves

Bank of Russia to sue EU over block placed on its gold and foreign exchange reserves

Apr 20, 2022

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by

Bartholomew Madukwe

in Top Story, World

The bank will fight the West’s infringement against Russia’s assets
IMF lauds Nigeria for strong foreign exchange reserves, exiting recession

Mar 7, 2018

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by

Olaotan Falade

in Business News, Nigeria

The International Monetary Fund (IMF) on Wednesday welcomed Nigeria’s exit from economic recession and lauded its strong recovery in foreign exchange reserves. IMF said this in a report released on Wednesday in Washington DC by its Executive Board after the conclusion of Article IV Consultation with Nigeria. According to the report, the Executive Directors of…