Buyers deposit dollars in foreign currency accounts, then withdraw to invest in cryptos; dollar sales to banks drop to $3bn ...
Uganda - a landlocked African nation that until recently struggled to get a World Bank loan - is the latest hot destination ...
It also wants to preserve low borrowing costs and maintain the greenback's supremacy in the international monetary system, ...
President Javier Milei’s administration is packed with former Wall Street traders trying to steer market forces.
Conditions are ripe for a strong rally in the 'safe haven' Japanese yen, with a global stock market selloff sparking ...
The shilling has been relatively stable since mid-2024, exchanging between 129 and 130 levels on increased dollar inflows ...
Following warnings from the IMF, the government of the Marshall Islands continued to launch a universal basic income program ...
Why the government is hesitant to build up international reserves, let the peso float and relax currency controls.
Kenya's currency, the shilling, has experienced a slight dip against the US dollar after months of relative stability. The ...
Malaysia continues to maintain its position as a net creditor country, supported by strong external resilience and sizeable ...
Investing.com -- S&P Global Ratings has upgraded Zambia’s long- and short-term foreign currency sovereign credit ratings to ’CCC+/C’ from ’SD/SD’ (selective default) on Friday, while maintaining a ...
The eurozone economy will grow less than expected next year, the EU executive predicted on Monday, as risks from ...