Tag: Reserve
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Gold overtakes US treasuries as world’s largest reserve asset by market value
Gold has reclaimed a position many thought it had long lost. According to the European Central Bank's latest report on the international role of...
US Strategic Petroleum Reserve drops to 357 million barrels after fresh withdrawals
The United States Strategic Petroleum Reserve (SPR) fell to 357.1 million barrels in the week ended May 29, its lowest level since January 2024,...
Kevin Warsh sworn in as Federal Reserve chair with inflation, oil shock in focus
Kevin Warsh was sworn in as chair of the US Federal Reserve on Friday, taking charge of the world’s most influential central bank at...
Reserve Bank of India to transfer record dividend to Treasury, economists say
The Reserve Bank of India (RBI) will again make a record surplus transfer to the government for this April-to-March financial year, a windfall that...
US oil reserve down to two-year low; Lebanon’s death toll crosses 3,000
US-Iran War Live Updates: US President Donald Trump said he has paused a planned strike on Iran but warned the US is ready for...
