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27 Mar 23
The depletion of foreign reserves and weak governance will limit Bolivia’s ability to meet debt costs, and were major contributors to a cut in its credit rating by Moody’s.
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27 Feb 23
An unusually strong US dollar combined with rising interest rates and high spending needs mean there is “no sign” of lower-income country debt recovering from its rapid rise since the onset of Covid-...
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19 Apr 22
The yen tumbled to its weakest performance against the US dollar in 20-years, as the Bank of Japan continues to stand by its yield cap on government bonds.
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30 Mar 22
The yen has fallen to six-year lows following the Bank of Japan’s decision to stand by its yield cap on government bonds, and increase its stock of gilts.
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9 May 19
Red-faced officials at Australia’s central bank will be holding their heads down under after spelling out a glitch in the country’s monetary policy.
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15 Mar 18
The South Korean government is set to talk to the International Monetary Fund in an effort to avoid being labelled a ‘currency manipulator’ by the US, the finance minister has said.
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1 Dec 16
The election of incoming US president Donald Trump looks set to hurt Africa’s access to finance for key projects at a time when economic growth is already slowing, the UK’s Overseas Development...
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9 Nov 16
The UK’s Department for International Development may struggle to deliver its goals if the pound fails to recover from its post-EU referendum plunge, the department’s permanent secretary has warned.