Argentina to Sell Dollars in Parallel Market to Shore Up Peso – BNN Bloomberg
(Bloomberg) -- Argentina’s central bank will sell dollars in parallel currency markets starting Monday in a bid to shore up...
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Nigerian Central Bank Dollar Sales Fail to Stem Naira Weakness – BNN Bloomberg
(Bloomberg) -- Nigeria’s naira extended its losing streak to a fourth day, slipping to the weakest level since March despite...
Zimbabwe Bankers Back Plan to Adopt ZiG as Sole Currency Before 2030 – BNN Bloomberg
(Bloomberg) -- Zimbabwe’s banks support adopting the ZiG as the nation’s sole currency before the current target date of 2030,...
Pound Bulls Savor Labour Victory With Rate Cuts Seen Delayed – BNN Bloomberg
(Bloomberg) -- The pound is trading at its strongest level in years, cementing its position at the top of the...
Indonesian Rupiah Set for Longest Rally in Eight Years as Prabowo Sought to Allay Debt Fears – BNN Bloomberg
(Bloomberg) -- Indonesia’s moves to ease concern over the nation’s fiscal outlook and growing bets for more Federal Reserve interest-rate...
Japan Currency Chief Keeps Traders in Dark Over Yen Intervention – BNN Bloomberg
(Bloomberg) -- Japan’s top currency official continued his attempts to keep speculators on edge amid potential signs of an evolution...
Pound Rises to One-Year High as Outlook Brightens for UK Economy – BNN Bloomberg
(Bloomberg) -- The pound rose to a one-year high, extending its peer-beating run this year amid an improving economic outlook...
Emerging-Market Currencies Hit Highest Since May on US CPI Data – BNN Bloomberg
(Bloomberg) -- Emerging-market currencies jumped to their highest since May after US consumer prices unexpectedly fell in June, cementing bets...
Uganda Is Latest African Nation Eying Gold as a Currency Shield – BNN Bloomberg
(Bloomberg) -- Uganda plans domestic gold purchases to build foreign exchange reserves and limit risks on reserve investments, becoming the...
Global Reserve Managers Worry Their Assets Are at Risk, Says UBS – BNN Bloomberg
(Bloomberg) -- Central bank reserve managers are increasingly worried about the safety of their currency assets, citing rising geopolitical risk...
