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 ...
(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 ...
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.
(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 ...
China is a responsible major country, and has neither the necessity nor the intention to gain a competitive advantage in ...
On Tuesday, the People’s Bank of China (PBoC) raised the USD-CNY fixing to 6.2298 from 6.1162, the highest dollar fix in two years. The 1.9% depreciation was framed as part of its reform of the fix ...
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 ...
What is holding back the hryvnia's devaluation: inflation, bank profits, or political interests? A detailed analysis of the ...
China devalued its currency on Tuesday, reportedly in order to make the RMB more responsive to market forces, although this gave rise to suspicion among global analysts, who fear that the devaluation ...
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