Nigeria's external reserves have risen 10.8% year-over-year to $45.28 billion. This growth reflects strengthening foreign exchange buffers.
Nigeria's external reserves have increased by 10.8% compared to the previous year, reaching $45.28 billion. This figure indicates that the country's foreign exchange buffers are strengthening. The data comes from a report highlighting positive developments in the nation's financial position as of December 31, 2025.
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Argentina's Central Bank purchased US$112 million in the foreign exchange market on Tuesday, lifting gross international reserves to US$47.908 billion.
The Central Bank of Egypt announced that net foreign assets in the country’s banking sector increased to $22.903 billion in April 2026.
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Kenya's foreign exchange reserves dropped by Ksh 47.5 billion to USD 13.656 billion, providing 5.8 months of import cover, the Central Bank of Kenya announced. The decline comes amid export disruptions from the Iran war and looming fuel shortages. Officials say the reserves still meet statutory requirements.
Argentina's Central Bank of the Republic (BCRA) purchased US$48 million in foreign currency on March 27, raising year-to-date acquisitions since January to US$4.037 billion. Gross international reserves reached US$43.712 billion, up US$176 million from the previous day.
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Egypt's trade deficit widened 48.8 percent year on year to 4.6 billion dollars in March 2026, compared with 3.1 billion dollars in the same month of 2025.
Egyptian President Abdel Fattah Al-Sisi met with Central Bank of Egypt Governor Hassan Abdalla to assess inflation trends, foreign currency reserves, and the effects of regional tensions on the economy.