The IMF recognizes India's leadership in fast payments, crediting UPI's digital transaction surge. This highlights India's significant strides in digital financial inclusion and innovation.

Despite concerted efforts by major emerging economies, genuine de-dollarisation remains not merely difficult but fundamentally impossible in the foreseeable future.

At the upcoming BRICS summit in Brazil, member nations are expected to intensify their push for local currency settlement and ...

# Most data used to estimate visitor spending is based on old surveys and assumptions. The IMF is urging the government to ...

In a response to Fortune, Federal Reserve Bank of St. Louis President Alberto Musalem defended the Fed's autonomy, citing ...

The country's gold reserves grew by $342 million during the week, reaching $84.846 billion, according to the latest weekly ...

The International Monetary Fund (IMF) has endorsed the liberalisation of the operations of the Electricity Company of Ghana ...

The National Bureau of Statistics (NBS) is set to release Nigeria’s rebased Gross Domestic Product (GDP) figures, expected to provide a more accurate reflection of the nation’s economy and potentially ...

U.S. sanctions bill trigger response from Bukele as El Salvador defends its Bitcoin policy and BTC holdings amid rising ...

The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...

MOSCOW, July 10. /TASS/. Russia’s international reserves edged up by $2.9 bln over the week and totaled $690.6 bln as of July 4, 2024, setting a new historical maximum, the Central Bank said.

The four richest Africans are wealthier than about half of the continent's 750 million people, anti-poverty charity Oxfam ...