Since the Covid-19 pandemic, the taka began weakening against the dollar in 2022 due to instability in the foreign exchange market, driven by turmoil in both global and local economies. Since July ...

US President Donald Trump has jolted the rupee-dollar market from its usual path of gentle depreciation, under a managed ...

XINHUA | A multi-polar international monetary system envisions a global financial architecture in which multiple currencies, ...

Despite initial worries that greater exchange rate flexibility would trigger a temporary slump in the local currency, the market responded positively ...

Botswana said on Thursday that it would allow its pula currency to depreciate by 2.76% over the next year, a faster rate than previously announced, as its economy is under pressure because of a ...

Taiwan’s foreign exchange reserves hit a record high at the end of last month, as the central bank intervened in the currency ...

Price and exchange rate stability are key responsibilities the Central Bank of Nigeria (CBN) continues to entrench in the Nigeria macroeconomic environment.

As Nigeria grapples with persistent challenges of budget padding, misappropriation, and inefficiencies in public finance management, the role of AI ...

Bangladesh will introduce a crawling peg system by next month to make the exchange rate more flexible and improve the foreign currency reserves, a key prescription from the International Monetary ...

The Bank of Ghana has expressed its commitment to a flexible exchange rate system backed by strong economic policies to support business growth.

Put simply, exchange rates compare the value of one currency to another. They measure how much of one currency it takes to purchase a unit of another. Exchange rates are ultimately determined in ...