Latest news and articles about foreign reserves from NEX English
In March 2026, Saudi Arabia's foreign reserves saw a significant increase, reaching a total of <strong>76.2 billion riyals</strong>. This marks the highest level in six years, driven by a <strong>9%</strong> rise in net foreign assets compared to the previous year.
Indonesia has experienced a significant decline in its foreign reserves during March, reaching the lowest level in two years. This drop comes amid efforts by the central bank to support the weakening Indonesian rupiah.
Saudi authorities announced that the kingdom's foreign reserves cover imports for two full years, exceeding global averages. This step reflects the strength and stability of the Saudi economy amid global challenges.
Taiwan's foreign reserves experienced their largest monthly drop since 2011 in March, as the central bank sold U.S. dollars to stabilize the local currency amid capital outflows driven by the war in Iran.
Indonesia has recorded a significant decline in its foreign reserves, which fell by <strong>$3.7 billion</strong> to <strong>$148.2 billion</strong> by the end of March 2026. This decrease is attributed to the repayment of external debts, despite positive foreign currency inflows from government bonds and taxes.
The Central Bank of Egypt announced a significant increase in net foreign reserves to <strong>$52.83 billion</strong> by the end of March 2026, up from <strong>$52.745 billion</strong> at the end of February of the same year. This rise reflects the government's efforts to improve the economic situation and enhance financial stability.
Fitch Ratings has indicated that Argentina's path to a credit rating upgrade heavily relies on a sustainable increase in foreign currency reserves. This comes as the country grapples with significant economic challenges.