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.
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.
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Egypt’s current account deficit narrowed by 13.6% to $9.5bn in the first half of fiscal year 2025/26, driven by a 29.6% surge in remittances to $22.1bn, Central Bank of Egypt data shows. Tourism and Suez Canal revenues also boosted the services surplus.