(Bloomberg) -- Egypt is mired in a grueling economic crisis that’s left its 105 million-plus people gripped by uncertainty, but one thing seems all but assured: another currency devaluation is likely ...

The National Planning Commission (NPC) says exchange rate unification (devaluation) could help solve current economic challenges like forex scarcity but needs to be implemented jointly with a broad ...

(Bloomberg) -- Egypt delivered its biggest-ever interest-rate hike and allowed its currency to weaken more than 38% in a long-awaited devaluation that may pave the way for billions more in loans from ...

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), on Thursday declared that the era of persistent naira ...

The dramatic decline of the Cuban peso in the informal currency exchange market over the past year starkly illustrates its weakening against major ...

Additional support from international partners mitigates Egypt’s (B-/Negative Outlook) financing pressures but durably addressing the country’s external-sector resilience and financing constraints ...

Olayemi Cardoso says reforms by the Central Bank of Nigeria have strengthened confidence in the naira, easing fears of devaluation while improving transparency.

BUENOS AIRES, Jan 19 (Reuters) - Argentina's 211% inflation rate and the return to a widening gap between official and parallel exchange rates is stoking expectations of another devaluation of the ...

When President Bola Ahmed Tinubu’s administration dismantled Nigeria’s rigid foreign exchange regime in 2024, critics were quick to call it a currency collapse. The naira plunged to N1,800 per dollar ...

Harvinder Kalirai, chief strategist at BCA, says not only are net portfolio flows now negative but the foreign direct investment balance has also dipped into negative territory. “For some time, the ...

BUENOS AIRES, Aug 7 (Reuters) - Argentina's fractured opposition may not agree on much ahead of an upcoming Aug. 13 primary election but it has coalesced around the need to end a dizzying system of ...