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6 Oct 23
Continued use of foreign reserves and rising borrowing costs have led to Egypt’s credit rating being downgraded by ratings agency Moody’s.
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1 Sep 21
El Salvador’s legislative assembly has voted to create a $150m trust to help smooth the introduction of Bitcoin as an official currency next week.
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15 Oct 20
The South Sudanese government is preparing to take out a loan to inject money “into the market”, hoping to fight rampant inflation plaguing the economy.
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24 Jan 20
State-backed digital currencies are the future, and cash a thing of the past. Are we ready for the transformation?
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13 Aug 19
Argentina’s currency plummeted yesterday after the current president lost an election primary against a centre-left opponent.
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4 Jul 19
A decision to outlaw the use of foreign currency in Zimbabwe has been challenged in court on constitutional grounds.
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12 Jun 17
The African Development Bank is to work with the continent’s central banks to help reduce the high levels of capital pouring out of Africa.
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29 Mar 17
A US tax on imports would have “sizeable” consequences for other countries, hitting public finances as far afield as Singapore and Indonesia, ratings agency Fitch has warned.
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15 Mar 17
Inflation in Nigeria fell for the first time since October 2015 last month, according to figures released yesterday by the country’s official statistics office.
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23 Feb 17
India’s growth will slow by around 1% as a result of its sudden demonetisation experiment, the International Monetary Fund has said, although the impact will only be temporary.
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21 Feb 17
Nigeria’s central bank has effectively devalued its currency for private individuals by allowing dollars to be bought at almost 20% above the normal rate for travel, some school fees, and medical...
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6 Feb 17
The International Monetary Fund has warned that the Turkish economy will continue to struggle and called on its government to rein in its fiscal policy.
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3 Feb 17
The eurozone’s rocky past was not due to inherent faults in the single market or currency, but because national policymakers didn’t stick to the plan, the European Central Bank chief has said.
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30 Jan 17
The eurozone confiscated around €8.6m worth of counterfeit €500 bank notes in the last six months of 2016, according to data published last week by the European Central Bank.
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17 Jan 17
Mozambique will miss a $60m interest payment on Irish-listed eurobonds due tomorrow, the country’s finance ministry has said.
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9 Jan 17
India’s economic growth will slow in the current fiscal year, according to predictions from the country’s statistics agency.
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9 Jan 17
Minimum wages and pensions are to rise by 50% in Venezuela as part of government attempts to combat runaway inflation.
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19 Dec 16
Venezuela’s president has pulled back on his sudden demonetisation of the country’s biggest bank note amid chaos and cash shortages.
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15 Dec 16
An economic slowdown in India, partly triggered by the botched withdrawal of two high-denomination banknotes, is having wider regional effects and has prompted the Asian Development Bank to trim its...
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12 Dec 16
Venezuela’s largest bank note will be pulled from circulation this week in a surprise move announced by the country’s president Nicolas Maduro yesterday.
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8 Dec 16
India’s central bank has defended the government’s decision to pull two high denomination rupee notes out of circulation, a move that sent the country into disarray.
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5 Dec 16
Venezuela is to introduce a new bank note worth 200 times its current, highest denomination in a bid to ease transactions in its rapidly inflating economy.
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21 Nov 16
Nigeria’s economy has remained firmly in recession in the third quarter of the year, the country’s National Bureau of Statistics has announced.
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14 Nov 16
Egypt’s economic reforms have successfully secured a $12bn loan from the International Monetary Fund.
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14 Nov 16
Since taking office last year, Argentinean president Mauricio Macri has rocked the long-time socialist country with sweeping pro-market and for some, painful reforms. Where do his plans stand almost...
6 Oct 23Continued use of foreign reserves and rising borrowing costs have led to Egypt’s credit rating being downgraded by ratings agency Moody’s.
1 Sep 21El Salvador’s legislative assembly has voted to create a $150m trust to help smooth the introduction of Bitcoin as an official currency next week.
15 Oct 20The South Sudanese government is preparing to take out a loan to inject money “into the market”, hoping to fight rampant inflation plaguing the economy.
24 Jan 20State-backed digital currencies are the future, and cash a thing of the past. Are we ready for the transformation?
13 Aug 19Argentina’s currency plummeted yesterday after the current president lost an election primary against a centre-left opponent.
4 Jul 19A decision to outlaw the use of foreign currency in Zimbabwe has been challenged in court on constitutional grounds.
12 Jun 17The African Development Bank is to work with the continent’s central banks to help reduce the high levels of capital pouring out of Africa.
29 Mar 17A US tax on imports would have “sizeable” consequences for other countries, hitting public finances as far afield as Singapore and Indonesia, ratings agency Fitch has warned.
15 Mar 17Inflation in Nigeria fell for the first time since October 2015 last month, according to figures released yesterday by the country’s official statistics office.
23 Feb 17India’s growth will slow by around 1% as a result of its sudden demonetisation experiment, the International Monetary Fund has said, although the impact will only be temporary.
6 Feb 17The International Monetary Fund has warned that the Turkish economy will continue to struggle and called on its government to rein in its fiscal policy.
3 Feb 17The eurozone’s rocky past was not due to inherent faults in the single market or currency, but because national policymakers didn’t stick to the plan, the European Central Bank chief has said.
30 Jan 17The eurozone confiscated around €8.6m worth of counterfeit €500 bank notes in the last six months of 2016, according to data published last week by the European Central Bank.
17 Jan 17Mozambique will miss a $60m interest payment on Irish-listed eurobonds due tomorrow, the country’s finance ministry has said.
9 Jan 17Minimum wages and pensions are to rise by 50% in Venezuela as part of government attempts to combat runaway inflation.
14 Nov 16Egypt’s economic reforms have successfully secured a $12bn loan from the International Monetary Fund.
