(Bloomberg) -- Egypt delivered its biggest-ever interest-rate hike and allowed its currency to weaken more than 38% in a long-awaited devaluation that may pave the way for billions more in loans from ...
The Financial Stability Report highlights rising depreciation pressure on the Indian Rupee due to external market factors.
The call by the Trinidad and Tobago Chamber of Industry and Commerce for a market-driven exchange rate has pushed a ...
(Bloomberg) -- Egypt’s central bank will likely wait out a pick up in inflation and put off interest-rate hikes until it builds its foreign-currency buffers enough to manage another currency ...
Additional support from international partners mitigates Egypt’s (B-/Negative Outlook) financing pressures but durably addressing the country’s external-sector resilience and financing constraints ...
Editor’s Note: This article is part of a symposium of views in The International Economy Winter 2016 issue on the effectiveness of currency devaluation on economic growth. The full symposium can be ...
Feeling the Squeeze? It Might Be the High Price of Ignoring the Deficit Conservatives’ Health Care Conundrum Trump’s China Chip Deal and the Sale of American National Security Audio By Carbonatix ...
PDVSA, Venezuela’s state-owned oil company, might issue up to $3 billion in bonds before the end of the year and the country is expected to devalue the bolívar next year, according to bankers. This ...
HAVANA (Reuters) - Cuba said late on Thursday it would start its long-awaited monetary reform in January, eliminating its dual currency and labyrinthine multiple exchange rate system in a bid to ...
Member of the House of Representatives, Olawale Raji, says pegging the United States Dollar (USD) exchange rate at N410.15 for the 2022 budget is an official devaluation of the Naira. Raji, who ...