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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The Nigerian stock market has reached a capitalization of N100 trillion, driven by reforms and collaboration. This milestone highlights strong performance in 2025 for the nation's financial markets.
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.
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Nigeria’s economic outlook gains support from rising global oil prices and stronger foreign exchange inflows, which are boosting the naira.
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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According to S&P Global Ratings, Kenya is among African countries facing debt pressures that could weaken local currencies. External debt repayments across the continent are set to exceed USD 90 billion in 2026. This surge may intensify pressure on the Kenyan shilling, currently trading at around Ksh129 per US dollar.
Egypt's President Abdel Fattah Al-Sisi met Central Bank Governor Hassan Abdalla on Saturday to review developments in the banking sector and monetary policy. Official data showed foreign reserves climbing to a historic high. The presidency highlighted continued financial stability and the resilience of the Central Bank of Egypt and the broader banking system.
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The Banco de la República reported record profits of $13.9 trillion for the end of 2025, mainly driven by net income from international reserves. These earnings surpass Ecopetrol's transfers for the second consecutive year. The bank will transfer $13.8 trillion to the National Government, partly in debt securities and partly in cash.