The Vault · 2026-04-08 04:26:57 · Bloomberg Markets
Indonesia's central bank is burning through its foreign currency stockpile at a rapid pace. Official data reveals foreign-exchange reserves fell for a third consecutive month in March, hitting their lowest level in nearly two years. This sustained drawdown is a direct result of Bank Indonesia's intensified market inter...
The Vault · 2026-04-09 17:27:11 · Bloomberg Markets
Kenya's central bank has deployed nearly $1 billion from its hard-currency reserves to defend the national currency, a direct and costly response to the economic shockwaves emanating from the war in Iran. Governor Kamau Thugge's announcement reveals the immediate fiscal pressure on Nairobi, as external conflict trigger...
The Vault · 2026-04-09 18:57:13 · Bloomberg Markets
Nigeria's foreign-exchange reserves are under significant pressure as the Central Bank of Nigeria (CBN) spends heavily to defend the naira against market turbulence. While the currency has remained relatively stable despite the volatility triggered by the Iran conflict, this stability has been purchased at a steep pric...