Discover economic factors leading to currency depreciation, including trade dynamics, interest rates, and political stability ...
The Philippine peso hit a historical low closing price of P59.44 per dollar on Wednesday, continuing a trend of depreciation since the beginning of the year. Exchange rates are notoriously difficult ...
Botswana will keep the annual rate of depreciation for its pula currency at 2.76% to preserve export competitiveness and support price stability, a finance ministry official said on Wednesday.
Icra notes that P&K subsidy requirement for the current financial year (FY26) is projected at Rs 0.75 trillion against a budgetary allocation of Rs 0.49 trillion, indicating a subsidy shortfall While ...
Uncertainty about U.S. policymaking has led to a flight out of the U.S. dollar and Treasurys, with the dollar index weakening more than 9% so far this year, and analysts see more declines. The drop in ...
Airtel Africa Plc, a telecommunications firm with a presence in 14 African countries, has posted a $549million occasioned by significant currency devaluations in Nigeria, Malawi, Zambia, and Kenya, ...
Currency intervention is not a new thing. When China does it, the West calls foul. When Japan does it, it’s just another Tuesday. But what is currency intervention? This process involves a country’s ...
The dollar has been sliding and the ripple effect on other currencies has brought a mix of relief and headache to central banks around the world. Uncertainty about U.S. policymaking has led to a ...