Malawi’s central bank ruled out the need to devalue the currency because foreign-exchange inflows increased after voters elected a new president, easing a dollar shortage. Peter Mutharika swept to ...
The World Bank's October 2025 Africa Pulse Report has revealed that Ghana's local currency, the cedi, was the best-performing currency in Africa during the first eight months of 2025. According to the ...
The administration of United States President Donald Trump has purchased Argentinian pesos and finalised a $20bn currency swap framework with Argentina’s central bank in a deal aimed at shoring up the ...
Finance Minister Nirmala Sitharaman launched GIFT City's foreign currency settlement system, enabling local settlement of international transactions. She also highlighted India's AI advancements and ...
India will soon launch its own digital currency backed by the Reserve Bank of India (RBI) for seamless transactions, Union Minister of Commerce and Industry Piyush Goyal said during a roundtable in ...
Lawmakers passed the bill after resolving objections raised by the Guardian Council to the amendment of the country’s Monetary and Banking Law. The measure was approved with 144 votes in favor, 108 ...
DUBAI, Oct 5 (Reuters) - Iran has gained parliamentary approval for a monetary overhaul to remove four zeros from its national currency over the next few years to simplify transactions after years of ...
With inflation at 229%, daily prices in Venezuela are set in USDT “Binance dollars,” usually at live P2P rates. Three dollar rates exist (official, parallel and P2P), but merchants mostly follow the ...
India's foreign exchange reserves declined by $2.334 billion to $700.236 billion in the week ending September 26, according to RBI data. This drop was primarily due to a $4.393 billion fall in foreign ...
Central banks sign swap and MoUs to deepen trade, cut costs and link payment networks Dubai: The Central Bank of the UAE (CBUAE) and Turkey’s central bank (CBRT) have signed a bilateral currency swap ...
The Nigerian Naira has been ranked as the ninth weakest currency in Africa in Forbes' September 2025 currency calculator report, highlighting persistent pressure on the country's economy despite ...
Global trading of the Chinese yuan has surged to $817 billion a day, extending a decade-long trend with volumes nearing those of the British pound, according to the Bank for International Settlements.
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