Why Nigeria’s Naira Currency Has Plunged and Dollars Are Scarce (NGN/USD)
Nigeria pumps almost 1.5 million barrels of crude oil a day, making it the continent’s biggest producer. Yet this petrodollar...
archiveInternational Monetary Fund
The biggest threat to dollar dominance is the US economy itself, top economists warn
US CapitolDouglas Rissing/Getty Images/iStockThe biggest threat to dollar dominance is the US itself, two top economists said.That's due to the...
Shilling in rare upturn, records biggest gain in three years
Currencies Shilling in rare upturn, records biggest gain in three years Thursday January 25 2024 Kenya shilling notes. The Kenya...
US commercial real estate is suffering one of the steepest price declines in at least half a century, IMF warns
The exterior of 55 Broad Street in Manhattan, which is being converted from offices to residences.Joe WoolheadCommercial real estate prices...
India hits out at IMF for saying currency intervention excessive
India pushed back against the International Monetary Fund for saying the central bank’s intervention in the foreign-exchange market was excessive,...
Shilling falls further against major world currencies
With still over three months to the end of 2023, the local exchange rate has nearly doubled its losses against...
Promoting foreign trade in Indian Rupee is a wild goose chase
The Foreign Trade Policy announced on March 31 promised to take steps to support international trade in the Indian Rupee...
Economic and political factors behind acceleration of de-dollarization
The U.S. dollar has been king in global trade for decades — not just because the U.S. is the world's...
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