Ukraine lost 20% of international reserves year-to-date
Currency interventions of the Ukrainian central bank became the largest item of expenditures
"RESERVES" · 총 122건
필터 보기현재 지수
50.3
0 = 부정 우세
50 = 중립
100 = 긍정 우세
최근 7일 기준 83,867건을 분석한 결과, 뉴스 심리지수는 50.3(균형)입니다. 긍정 4,224건(5.0%)·중립 77,657건(92.6%)·부정 1,986건(2.4%)이며, 중립 비중이 뚜렷하게 높습니다. 성향 지수는 종합 14.8(중도 균형)입니다.
Currency interventions of the Ukrainian central bank became the largest item of expenditures
OPEC+ ministers meet Sunday to weigh higher production quotas in a bid to cap oil prices that have surged since the Iran war effectively choked off Gulf crude shipments.But even if the cartel members vow to ramp up output by thousands of barrels per day, analysts say geopolitical realities mean they probably won't move the needle on prices.Also read: OPEC+ leaders expected to up July oil output target despite Hormuz disruption, sources sayWith the crucial Strait of Hormuz shut since US and Israeli attacks on Iran in late February, oil prices have nearly doubled, igniting inflation pressures worldwide.Ministers from the 21 member states of OPEC+, the main oil producing nations and their allies, are holding their quarterly meeting online.The group is likely to beef up its production quotas by "188,000 barrels a day", said Jorge Leon, analyst at Rystad Energy, similar to recent increases. But in reality, only seven members -- Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman -- have the capacity to do so.Dwindling supply Tehran's threats of retaliatory attacks to US and Israeli strikes have virtually blocked the vital Strait of Hormuz, through which roughly a fifth of global oil and gas supplies normally pass.That is equivalent to about 20 million barrels a day. But with key Gulf producers shut out of the global market, pledges to raise output in a bid to ease spiralling prices are unlikely to sway traders. "Any announced production increases or changes to output targets will have limited practical value," said Ole Hansen, a commodities analyst at Saxo Bank."There is very little OPEC can do," he told AFP.OPEC+ itself says daily production has plummeted to just 33 million barrels a day as tankers remain stuck, compared to nearly 43 million before the conflict.A US blockade on Iranian ports means "it will be even less than that" in reality, said Homayoun Falakshahi, head of crude oil analysis at data firm Kpler.Also read: Oil prices fall on mounting hopes for de-escalation in US-Iran WarUAE slams the door The United Arab Emirates' recent decision to quit OPEC further saps away at the cartel's influence, given its huge excess production capacity.And Abu Dhabi has made clear it wants to boost output."They don't want to be dictated to, they want to maximise their revenues," said Lawrence Haar, a lecturer in finance at the University of Brighton in England. And the cartel risks seeing other countries follow the UAE's example."If Iraq were to leave, it could mark the end of OPEC+," Falakshahi said.Saudi Arabia, by far the cartel's most influential member, "is going to do what it takes to stop anyone else from leaving," Falakshahi predicted.That could translate into more flexible output quotas or decreased penalties for any excess production.But "for now, the compensation framework has effectively become irrelevant due to widespread production shut-ins," Hansen said.As a result, the Iran war has largely neutralised the cartel's stated mission "to secure an efficient, economic and regular supply of petroleum to consumers, and a steady income to producers". For Falakshahi, the only factor limiting further oil price spikes at the moment is China, "which is buying less oil than normal" by tapping into its vast strategic reserves.
The share of gold in the Bank of Russia’s reserves has been growing at an accelerated pace: over the past four years, it increased from 21% to 45%, Executive Secretary of the presidential commission on fuel and energy sector development strategy and environmental security and Rosneft CEO said
The government has invited global bids for fresh surveys across four key east coast basins as it looks to unlock untapped oil and natural gas reserves.
KULAI, June 6 — As far as news headlines are concerned, the 21st century has arrived in Kulai, a sleepy suburb of...
Justice D.I. Dipeolu of the Federal High Court, Ikoyi, Lagos, on Friday, June 5, 2026, reserved ruling until June 9, 2026, on the bail application filed by social media influencer, Okoro Blessing Nkiruka, (a.k.a Blessing CEO) who is standing trial over an alleged N36 million fraud. The post Alleged N36m Fraud: Court reserves ruling on Blessing CEO’s bail application till June 9 appeared first on Vanguard News.
The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) is prosecuting Blessing CEO on two counts of obtaining money by false pretence and stealing. The post Alleged ₦36m Fraud: Court reserves ruling on Blessing CEO’s bail application appeared first on Premium Times Nigeria.
According to the Russian president, sanctions and the West’s theft of Russia’s international reserves "have irreversibly affected the positions of global currencies — the dollar and the euro"
Xizang boasts 97 nature reserves, covering a total area of 434,000 square kilometers, and is home to 246 wildlife species under key national protection. Notably, over 80 percent of the global Tibetan antelope, wild yak and black-necked crane populations spend winter in the region.
As of June 1, 2025, Russia's international reserves amounted to $680.379 billion
Currency market participants said investor confidence improved following the RBI's policy announcements, particularly after the central bank emphasised that India's foreign exchange reserves remain strong enough to cushion the economy against external disruptions.
The rupee appreciated 50 paise to 95.24 against the US dollar on Friday after the RBI liberalised norms for FPI investment in government securities. Forex traders said the announcements in the RBI policy boosted investor sentiments after the apex bank asserted that the country's forex reserves provide sufficient buffer against external shocks. At the interbank foreign exchange market, the rupee opened at 95.72, then touched 95.24 in intraday trade, registering a rise of 50 paise from its previous close. On Thursday, the rupee rose 2 paise to settle at 95.74 against the US dollar. The Reserve Bank on Friday expectedly kept interest rates unchanged for the second time in a row as it weighed the impact of rising energy prices and supply disruptions caused by the West Asia crisis. Announcing the second bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has unanimously decided to retain short-term lending rate or repo rate at 5.25 per cent with a neutral stance. Moreover, the RBI raised limit for investments by Non-Resident Indians, Overseas Citizens of India in equity instruments. Malhotra also said that the central bank's policy on exchange rate remains unchanged and it does not target any specific rate/band for the rupee. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 99.40, higher by 0.01 per cent. Brent crude, the global oil benchmark, was trading up 0.36 per cent at USD 95.37 per barrel in futures trade. On the domestic equity market front, Sensex fell 142.06 points or 0.19 per cent to 74,217.95, while the Nifty was down 38.75 points or 0.17 per cent at 23,377.80. Foreign institutional investors offloaded equities worth Rs 4,447.06 crore on a net basis on Thursday, according to exchange data. Meanwhile, RBI has lowered GDP growth projection to 6.6 per cent from 6.9 per cent earlier for the current fiscal and raised CPI inflation projection to 5.1 per cent for FY27, higher from earlier estimate of 4.6 per cent. PTI
WORLD Environment Day arrives as the planet edges deeper into climatic uncertainty. New global temperature records are being set with unsettling frequency, and the World Meteorological Organisation has warned that the years from 2026 to 2030 are likely to rank among the hottest ever observed. There is a strong possibility that another record-breaking year will emerge before the decade is out, while average global temperatures are expected to remain close to or above the 1.5°C threshold that governments once hoped would help avert the worst impacts of climate change. The warning may be global, but its implications are intensely local. In May, temperatures in parts of Sindh and Balochistan climbed towards 50°C, triggering heatwave alerts and heightening concerns about pressure on already strained power, water and health systems. At the same time, scientists continue to raise the alarm about the glaciers and snow reserves that feed the Indus basin. For a country whose agriculture, food security and energy production depend heavily on the Indus basin, changes in the region’s ice reserves carry consequences that extend far beyond the mountains. Pakistan knows all too well the consequences of environmental neglect. The catastrophic floods of 2022 inundated vast areas, displaced millions and inflicted losses running into billions of dollars. Yet, despite repeated reminders of the country’s vulnerability, environmental protection continues to occupy a peripheral place in policymaking. Climate adaptation efforts move slowly, urban expansion often proceeds with little regard for sustainability, forests remain under pressure and air pollution continues to burden public health. Shrinking green spaces leave cities increasingly exposed to extreme heat, while weak enforcement of environmental regulations allows ecological degradation to continue largely unchecked. Pakistan is right to remind the world that it contributes only a tiny fraction of global greenhouse gas emissions and deserves greater international support. But that argument carries weight only if it is matched by seriousness at home. Fragmented planning, weak implementation and chronic underinvestment have left the country less prepared than it should be. World Environment Day is often marked by pledges, ceremonies and symbolic gestures. This year, it should prompt something more. As the federal budget approaches, the government has an opportunity to demonstrate that climate resilience is finally being treated as a national priority. Adequate resources must be allocated for adaptation measures, disaster preparedness, water conservation, ecosystem restoration and more livable, heat-resilient cities. Just as importantly, climate considerations must be embedded across development planning rather than confined to a handful of environmental programmes. Pakistan has received ample warning of what lies ahead. The upcoming budget should show that the state understands the scale of the challenge and is prepared to invest accordingly. Published in Dawn, June 5th, 2026
KARACHI: The foreign exchange reserves of the State Bank are inching close to the target of $18 billion for current fiscal year (FY26), but a widening trade deficit threatens to erase the growth in reserves and remittances. Data issued by the central bank on Thursday showed that the forex reserves increased by $43 million to $17.2bn during the week ending on May 29. Financial experts see the improvement in reserves as a good sign, but at the same time they fear the widening trade imbalance would lead to a large current account deficit this fiscal year. They also pointed out that substantial payments to foreign creditors are due this month. SBP forex reserves are nearing their annual target, but large payments are also due this month June which means still a month is available to the SBP to catch the target of $18bn. The State Bank has been purchasing dollars from the inter-bank market to improve reserves and make external payments, while the exchange rate is being managed through a steady uptick in the rupee’s value against the dollar. “More important is the managed exchange rate, which may burst after June after large payments are made before the end of the fiscal year on June 30,” said Atif Ahmed, a currency expert. He added that since the dollar has been appreciating against all regional currencies except Pakistan’s, it is obvious the rupee is under depreciation pressure. According to Atif, the purchase of dollars from the inter-bank market by SBP makes no difference to the dollar rates since the price mechanism in banking market does not exist anymore. “The rate is determined by the central bank.” Alarming deficit Financial experts said the growing trade deficit would affect both the exchange rate and the current account deficit. The current account had a surplus of $1.8bn in FY25. “The trade deficit for the 11 months of FY26 has soared to $35bn, which is seen as alarming by economic managers of the country. It will definitely take the current account deficit to an unexpected level, putting pressure on the rupee to depreciate against the dollar,” said a financial expert. He recalled that the Indian rupee fell from Rs86 to Rs95 in a year. The trade deficit rose by 17.48pc to $34.76bn in July-May 2025-26, up from $29.58bn over the corresponding period last year: a rise of $5.18bn. Currency dealers have already predicted a slowdown in remittances, which means the target of $41bn would be hard to achieve in FY26. “The remittances depend upon the situation in Middle East as more than 50 per cent remittances come from this region,” said the expert. He said the ministry of finance is responsible for such a large trade deficit and would face a tough time in FY27 with higher current account deficit,” he added. The import bill went up to $62.66bn, mainly due to an increase in import of luxury items and foodgrain. The country’s total foreign exchange reserves at the end of last month were $22.63bn, including $5.44bn held by commercial banks. Published in Dawn, June 5th, 2026
Supreme Court sides with Trump, says FCC can fine telecom companies without jury trial The Supreme Court reinforced the Trump administration’s decision on Thursday, June 4. The 8-1 decision preserves the Federal Commission’s authority to enforce data privacy laws against...
IMF Official Spokesperson Julie Kozack highlighted that countries with weaker buffers, including reserves of oil and refined products, were facing a harder time at the moment
New Delhi said it viewed Venezuela’s vast oil reserves as an opportunity, noting the country had already become a major source of crude for India
Currency stability has held near 89,500 to the dollar, but reserves, banks, households, and public confidence remain under heavy strain.
As of May 22, the country’s reserves totaled $753 bln
India holds nearly 400 billion tonnes of coal, among the largest reserves in the world