Bangladesh’s import of fresh fruits declined in the first six months of the current fiscal year, reflecting a slowdown in demand after import costs increased due to the devaluation of the taka against ...

Pre-election spending and currency collapse were the main causes of the 2023 hyperinflation high of 211.4%. Although ...

Treasury bills (T-bills) and Federal Government Bonds provide a risk-free return that helps preserve income value. The ...

The US Initial Jobless Claims for the week ending February 15 rose to 219,000, compared to the previous week's 214,000 ...

Egypt - Commercial International Bank (CIB) today announced its fourth-quarter 2024 consolidated net income of EGP 12.8bn, ...

Spread This NewsBy Alois Vinga LEADING retailer Ok Zimbabwe says the Reserve Bank of Zimbabwe’s (RBZ) decision to devalue the ...

Commercial International Bank (CIB) today announced its fourth-quarter 2024 consolidated net income of EGP 12.8bn, reflecting ...

Invariably, the devaluation had the net effect of nearly doubling existing US Dollar denominated obligations in loans and creditors' balances," she said. In September 2024, the RBZ devalued the ...

Nigeria has filed an $81.5 billion lawsuit against Binance, claiming the cryptocurrency exchange operated without a license ...

Versions of the “Mar-a-Lago Accord” idea have therefore been floating around ever since the first Trump presidency. His ...

The drop in the mostly US dollar deposits came during a period when the local shilling remained largely stable.