The US dollar continues to remain the world's primary currency, accounting for a significant share of global reserves and ...
Hedging against currency depreciation is a strategic approach used by businesses, investors, and individuals to protect ...
The naira devaluation and government borrowing have pushed money supply growth by 51 percent in one year, according to ...
Government policies and devaluation of the naira are responsible for the worsening cost of living, the Trade Union Congress (TUC) has said. TUC President, Festus Osifo Government policies and ...
A generous construal of this strategy is that, in addition to being a revenue generator and geopolitical bargaining method, it intends to skewer the trade deficit on two prongs: while tariffs are ...
exchange rate stability criterion provides for participation in the Exchange Rate Mechanism II (ERM II) without severe tensions, which, in turn, primarily means without currency devaluation against ...
However, the higher return expected from investing in foreign bonds is accompanied by increased risk arising from adverse currency fluctuations. Due to the relatively lower levels of absolute ...
Argentine actions collapsed on the day on Tuesday to 8.2% in the New York Stock Exchange. In turn, in the local square the ...
The Cabinet has approved a draft initial budget for fiscal 2025, the third year of the government’s five-year plan to spend a total of 43 trillion yen ($272 billion) on national defense.
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The Silent Financial War
For nearly eight decades, the United States dollar has served as the backbone of global trade, finance, and economic stability. It has dictated the terms of international transactions, controlled the ...
HARARE – The Reserve Bank of Zimbabwe (RBZ) has acknowledged the poor quality of its recently introduced currency, the Zimbabwe Gold (ZiG), and says it is taking steps to address the issue.
Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently. This is very much needed given the ...