GCC debt capital market surges 11% to USD 1 trillion in 2024: Fitch
Fitch expects the United States Federal Reserve to cut rates by 125 basis points to 3.5% by Q4 2025, with most GCC central banks likely to follow suit...
Tag : dollar
Donald Trump’s dollar strategy spurs debate on Africa’s currency future
Donald Trump’s warnings could exacerbate concerns, steering African nations toward the dollar or prompting them to chart an independent course...
Africa’s currency crisis: A global problem
The depreciation of currencies has forced foreign companies to rethink their African investments...
Understanding currency fluctuations
One notable instance of the chaos sparked by unfavourable currency fluctuations is the ‘Asian Financial Crisis’ that commenced in the summer of 1997 due to the devaluation of the Thai baht...
Amid its stock market bull run, Japan issues warning against ‘excessive yen moves’
Despite the yen picking itself up after the BoJ's hawkish statement on inflation, the US dollar remained in a holding pattern...
Egypt’s inflation rises to 35.7% as country awaits dollar inflows
Egypt's inflation rate fell from September 2023's record 38.0% before February 2024...
Nigeria’s currency weakness: Tracing the reasons behind a weak Naira
The Nigerian currency called the Naira has been under intense pressure since the floatation of the exchange rate...
Oil price volatility continues amid geopolitical concerns, interest rate worries
A stronger dollar makes oil expensive for buyers with other currencies...
The rise of ‘anarcho-capitalist’ Javier Milei
Javier Milei, the economist, first got people's attention by showing up on a late-night TV show...
Nigerian Naira strengthens to N806.73 against Dollar at official market
The naira closed at N1,165 to the USD, the same exchange rate, marking a day of stability...