Analysis-Currency Markets Are in a Deep Freeze. Rate Cuts and Trump Could Thaw Them
By Harry Robertson and Alun JohnLONDON (Reuters) - Traders and investors are looking to global interest rate cuts and a...
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EM Forex to Struggle While Fed Stays Cautious on Rate Cuts
By Vivek Mishra and Vuyani NdabaBENGALURU/JOHANNESBURG (Reuters) - Emerging market currencies won't stage significant recoveries against the dollar in the...
Zimbabwe Needs Predictable Policy to Support Currency, World Bank Says
HARARE (Reuters) - Zimbabwe needs to make its fiscal and monetary policy more predictable to instil confidence in its depreciating currency, a senior World Bank official said on Friday.It could make progress by moving away from the central bank's "quasi-fiscal operations", Victoria Kwakwa, the World Bank's Regional Vice President for Eastern and Southern Africa, told Reuters in an interview.She did not spell out what those operations were, but the International Monetary Fund said last month the central bank should reduce its non-core activities, which have included printing money and borrowing...
What Is a BRICS Currency, and Could One Be Adopted?
JOHANNESBURG (Reuters) -Brazil's President called on Wednesday for the BRICS nations to create a common currency for trade and investment...
