Madan Sabnavis: There is no alternative to the US dollar as the world’s anchor currency
The US froze Russia’s dollar assets in 2022 and stunned global holders of US bonds as forex reserves. But the world is stuck ...
clubofmozambique.com2h
Mozambique: Foreign currency shortage – Sixty-three companies have overdue invoices
At least 63 companies are having difficulty paying bills to overseas suppliers due to a lack of foreign currency, generating a total debt of US$373 million (23,592 million meticais) in the last six ...
In Saudi Arabia, China’s central bank governor pushes for a new global financial consensus
China’s central bank governor has offered to deepen financial ties with emerging economies and help them gain a greater voice ...
The fatal flaw in Trump’s ‘America First Trade Policy’
The Trump administration has issued ‘America First Trade Policy’, the most damaging trade policy since the Smoot Hawley ...
The Guardian Nigeria7h
Yuan weakens to 7.1705 against dollar
The central parity rate of the Chinese currency renminbi, or the Yuan, weakened eight pips to 7.1705 against the dollar on Wednesday. This is according to the China Foreign Exchange Trade System. In ...
Business and Financial Times on MSN3h
Many currencies, one continent: When will Africa dance to its own rhythm drum?
By Professor Douglas BOATENG A currency represents sovereignty, promotes trade, and embodies a nation’s economic identity.However, for numerous African countries, their national currencies resemble ...
Dollar rises as traders mull Ukraine peace talks, Trump tariffs
The U.S. dollar perked up on Wednesday on the back of tariff concerns and tense Russia-Ukraine negotiations, while the New ...
China Internet Information Center15h
Chinese yuan weakens to 7.1705 against USD Wednesday
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 8 pips to 7.1705 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System. In China's ...
GBP/USD Forecast: Pound Sterling fails to benefit from strong inflation data
The Relative Strength Index (RSI) indicator on the 4-hour chart declines toward 50, reflecting a loss of bullish momentum. On ...
Woman pleads not guilty to cheating businessman in forex trade
A woman pleaded not guilty at the Sessions Court here Wednesday (Feb 19) to a charge of cheating a businessman in a foreign currency (forex) trade amounting to RM500,000, two years ago.
Tribune24219h
Bahamas ‘well protected’ by US exchange rate peg
# A senior Central Bank executive yesterday asserted that The Bahamas is “well protected” by its fixed exchange rate peg to the US dollar despite fears that the latter may depreciate due to inflation ...
Gentherm Reports 2024 Fourth Quarter and Full Year Results
Achieved 61% Year Over Year Net Income Growth; Record Annual Adjusted EBITDA of $183MSecured Annual Automotive New Business Awards of $2.4 BillionEstablishes 2025 Guidance NOVI, Mich., Feb. 19, 2025 ...