Net FX reserves grew slightly to USD 42.61 bn in March, up from USD 42.52 in February, the CBE announced on Monday. The CBE did not explain the reason for the meager rise, which followed one of the largest jumps in reserves when they grew USD 4.3 bn in February.
More from Enterprise
Inflation unexpectedly cools, putting rate-cut cycle back in play
The first fall in the headline rate in three months…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…