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Kenyan Central Bank Rejects Deputy President Rigathi Gachagua’s Claims Country Lacks Forex to Import Oil

Post author:MiamiCrypto
Post published:October 4, 2022
Post category:Africa CBK central bank of Kenya Central Bank of Kenya Act foreign exchange reserves Rigathi Gachagua William Ruto

The Central Bank of Kenya appeared to rebuke the country’s new deputy president Rigathi Gachagua, after it rejected the latter’s claims the East African nation lacks enough foreign exchange to…

Czech Central Bank Plans Tenfold Increase in Gold Holdings, New Governor Says Precious Metal ‘Good for Diversification’

Post author:MiamiCrypto
Post published:June 4, 2022
Post category:Aleš Michl balance sheet Czech National Bank Economics foreign exchange reserves gold Stocks Tomáš Adam yield volatility

The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said he plans to increase the institution’s gold holdings almost tenfold from the current 11 tonnes to 100…