African banks are currently facing considerable pressure. Most currencies in the region have weakened against the US dollar, ...
The Naira has extended appreciation against the dollar at the parallel foreign exchange market amid the Central Bank of ...
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...
Central Bank of Kenya noted the Gross Domestic Product (GDP) growth trajectory will pick in 2025 to 5.4% supported by various factors, including strong shilling.
Thailand has restarted a process delayed for several months to select a new chairman for the nation’s central bank after a ...
India's central bank is likely conducting buy/sell dollar-rupee swaps in addition to selling spot dollars to support the rupee, three traders told Reuters on Thursday.
TOKYO (Reuters) -The U.S. dollar slumped to an eight-week trough to the yen and lingered near a one-month low versus sterling ...
The Federal Reserve announced on Wednesday it would be testing big banks against heightened stress in commercial and ...
"Central banks continued to hoover up gold at an eye-watering pace" in 2024, according to a report by the World Gold Council, ...
As the Federal Reserve's overnight reverse repurchase agreement program nears zero, pressure could mount on the central bank ...
Federal Reserve officials take great pains not to comment on fiscal policy, but the looming threat from tariffs is forcing ...
Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their ...