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  1. UPDATE 1-Saudi drawing down FX reserves to cover deficit, data suggests

    Headlines

    Thu, 26 Mar 2015

    DUBAI, March 26 (Reuters) - Saudi Arabia has begun drawing down its foreign currency reserves for the first time since 2009 to cover a record state budget deficit caused by the plunge in oil prices,...

  2. Saudi drawing down FX reserves to cover deficit, data suggests

    Headlines

    Thu, 26 Mar 2015

    DUBAI, March 26 (Reuters) - Saudi Arabia has begun drawing down its foreign currency reserves for the first time since 2009 to cover a record state budget deficit caused by the plunge in oil prices,...

  3. UPDATE 1-UK official says IMF inclusion of yuan "very live" issue

    Headlines

    Tue, 24 Mar 2015

    BEIJING/LONDON, March 24 (Reuters) - Britain weighed in on Tuesday to the debate on anointing the yuan as a major reserve currency , saying the issue was "very live" after Beijing asked the IMF to...

  4. Thailand: Can the Whimpering Tiger Spring Ahead?

    Headlines

    Wed, 11 Mar 2015

    financial systems. “That is something that they learned in the last 15 years,” Guillen notes. “They accumulated currency reserves to avoid being in the situation where they could be at the mercy of the markets.... Their central banks have gotten

  5. UPDATE 1-Tunisia keeps rates on hold, currency reserves rise in February

    Headlines

    Thu, 26 Feb 2015

    TUNIS, Feb 26 (Reuters) - Tunisia's central bank kept its benchmark interest rate on hold at 4.75 percent on Thursday but said that, despite progress in the political process, economic indicators...

  6. UPDATE 1-Moldova has sold nearly 10 pct of reserves in 2015 to support lei - central bank head

    Headlines

    Mon, 16 Feb 2015

    CHISINAU, Feb 16 (Reuters) - Moldova's central bank has spent $210 million or close to 10 percent of foreign currency reserves defending its struggling lei currency since the start of 2015, central bank chief Dorin Dragutanu told Reuters on Monday.

  7. Moldova has sold $210 mln from reserves in 2015 to support lei - central bank head

    Headlines

    Mon, 16 Feb 2015

    CHISINAU, Feb 16 (Reuters) - The Moldovan central bank has spent $210 million from foreign currency reserves since the start of 2015 to support the struggling lei currency, central bank chief Dorin Dragutanu told Reuters on Monday.

  8. Russia’s Oil and Other Losers

    Headlines

    Mon, 9 Feb 2015

    dependent on oil – could very well tank. Iran’s currency reserves are diminishing to the point where it needs oil prices up ..... its budget. Saudi Arabia has about 10 times Iran’s currency reserves , so it is much more equipped to ride out this oil bear market. Given enough

  9. Americas: Economy Trends Update January 2015

    Headlines

    Tue, 3 Feb 2015

    its U.S. dollar purchases, which were started in 2012 to prevent currency appreciation as well as to build sufficient currency reserves . ARGENTINA: ECONOMY EXPECTED TO DECLINE IN 2015 The Argentinean economy is expected to be one of the worst performers in

  10. Tocqueville Gold Strategy Investor Letter: Year End 2014

    Headlines

    Thu, 22 Jan 2015

    physical metal to be reflected in the price. Should this shift occur in concert with a diminished role for the US dollar as a reserve currency – a prospect most certainly desired by the BRICs and other developing economies – gold will play an expanded role and

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