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| Forex reserves at life-time high of $424 bn as foreign currency assets rise The country's foreign exchange reserves hit a life-time high of $424.361 billion after rising by $1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said on Friday. In the previous week, the reserves had increased by $1.197 billion to $422.532 billion.
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| SNB rejects idea of retail central bank digital currency Andrea Maechler, a member of the SNB's governing board, set out the bank's stance in a speech on April 5, saying such a currency "would give rise to incalculable risks with regard to financial stability". By offering people an easy route to flee to safety, a central bank digital currency could add to the ...
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| How Do You Move $84B In Currency Across The Globe? The CEO Of WorldFirst Explains How It's ... Ward: 2017 saw us launch World Account, our new multi-currency account that enables customers to make and receive international payments without charge, all from a single platform to our UK and European market. 2018 will see us introduce World Account to the rest of our business regions. And ...
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