central bank gold buying News

Gold Prices Rise As Chinas Central Bank Boosts Reserves

The People's Bank of China has increased its gold reserves for the 10th consecutive month, reaching 74.02 million ounces, pushing gold prices above $3500/ounce. This reflects China's foreign exchange reserve diversification strategy, driven by expectations of US interest rate cuts, concerns about the Federal Reserve's independence, and geopolitical risks. Analysts predict further gold price increases, highlighting a clear trend of global central bank gold purchases and solidifying gold's position as a safe-haven asset.

01/28/2026 Exchange Rate Query

Chiles Central Bank Streamlines SWIFT Transfers

This article outlines the key steps for making international remittances using the SWIFT code BCECCLRF XXX of the Central Bank of Chile. It emphasizes the importance of verifying the bank name, branch, and country. Additionally, it recommends Xe as a convenient remittance tool.

08/18/2025 International Settlement

Finlands Central Bank Streamlines International Transfers

This article introduces the Bank of Finland (SUOMEN PANKKI - FINLANDS BANK) and its SWIFT/BIC code SPFBFIHH1A2, highlighting its significance in international money transfers. It also offers practical advice to ensure funds are successfully received.

08/14/2025 International Settlement

Finlands Central Bank SWIFT Codes Explained

This article provides the SWIFT codes for the branches of Suomen Pankki - Finlands Bank in Finland, along with remittance advice to ensure smooth international transfers. Choosing Xe for remittance makes the process more competitive and transparent, while ensuring the accuracy of transfer information to prevent delays.

08/14/2025 International Settlement

Central Bank SWIFT Code CBCYCY2NISS Explained

This article analyzes the SWIFT code CBCYCY2NISS of the Central Bank of Cyprus, detailing its components and applications. It emphasizes the importance of verifying the accuracy of the code, aiding readers in understanding the key aspects of the international remittance process.

09/05/2025 International Settlement

Cyprus Central Bank SWIFT Code Guide

This article analyzes the SWIFT code CBCYCY2NPAR of the Central Bank of Cyprus, highlighting its importance and usage guidelines in international remittances to ensure the safety and accuracy of funds.

09/05/2025 International Settlement

Paraguay Central Bank Adopts SWIFTBIC Code System

This article discusses the structure of the SWIFT/BIC code BCPAPYPDXXX of the Central Bank of Paraguay, emphasizing the importance of using the correct code in international remittances. It also recommends using Xe for remittances to benefit from better services and competitive exchange rates.

08/13/2025 International Settlement

Chiles Central Bank Enhances SWIFT Transfer Safety

This article provides a detailed overview of the SWIFT/BIC code BCECCLRMFES for the Central Bank of Chile (BANCO CENTRAL DE CHILE), highlighting the importance of correctly using this code to ensure the safety and accuracy of international remittances.

08/13/2025 International Settlement

Malawi Central Bank Clarifies SWIFTBIC Code Usage

This article provides a detailed overview of the usage and significance of the Malawi Reserve Bank's SWIFT/BIC code RBMAMWMW MOF. It emphasizes the necessity of ensuring the accuracy of bank information to avoid delays and errors in international remittances.

08/21/2025 International Settlement

Denmarks Central Bank SWIFT BIC Code Explained

This article presents the SWIFT/BIC code DKNBDKKKEAC of the Danish National Bank and its address, highlighting the importance of these details in international remittances. It provides readers with reliable banking information to facilitate smooth financial transactions.

08/18/2025 International Settlement

Search Topic

"central bank gold buying"

Gold Prices Rise As Chinas Central Bank Boosts Reserves

Chiles Central Bank Streamlines SWIFT Transfers

Finlands Central Bank Streamlines International Transfers

Finlands Central Bank SWIFT Codes Explained

Central Bank SWIFT Code CBCYCY2NISS Explained

Cyprus Central Bank SWIFT Code Guide

Paraguay Central Bank Adopts SWIFTBIC Code System

Chiles Central Bank Enhances SWIFT Transfer Safety

Malawi Central Bank Clarifies SWIFTBIC Code Usage

Denmarks Central Bank SWIFT BIC Code Explained