Tag: Devaluation
Nigerian Breweries, impacted by naira’s devaluation, post a net loss of N106 billion
Nigerian Breweries Plc revealed a net loss of N106 billion for the year, primarily due to the impact of the naira’s devaluation on its foreign exchang [...]
Argentina inflation, widening FX gap revive devaluation chatter – Reuters
Argentina inflation, widening FX gap revive devaluation chatter Reuters
www.reuters.com [...]
Argentina inflation, widening FX gap revive devaluation chatter
By Jorge OtaolaBUENOS AIRES (Reuters) - Argentina's 211% inflation rate and the return to a widening gap between official and parallel exchange rates [...]
Bets on Big FX Devaluation (EGP USD) In Egypt Crushed as IMF Deal Nears
Investors are rushing to unwind their bets on a big depreciation of the Egyptian currency early this year as the country’s government is nearing a dea [...]
With no devaluation on cards, Massa seeks to tame tense FX market
Sergio Massa’s victory in the general election, which places him in the run-off on November 19, dismissed the devaluation the market was awaitin [...]
Argentina gov’t moves to calm FX market, pledges no post-election devaluation
By Jorge OtaolaBUENOS AIRES (Reuters) - Argentina's government intervened in the foreign exchange market on Thursday to tamp down volatility ahead of [...]
The Devaluation Run in Emerging Markets Is Just Getting Started – Forex Factory
The Devaluation Run in Emerging Markets Is Just Getting Started Forex Factory
www.forexfactory.com [...]
rumour of FX devaluation “completely unfounded”
JOHANNESBURG, Jan 19 (Reuters) - Ethiopia's deputy
finance minister said on Thursday that rumours the birr currency
would be devalued were "completel [...]
Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission – Economics Bitcoin News
According to the International Monetary Fund (IMF)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing sh [...]
Currency Drama in Egypt Has Investors Clamoring for Devaluation – Forex Factory
Currency Drama in Egypt Has Investors Clamoring for Devaluation Forex Factory
www.forexfactory.com [...]
Fed forgets long-term dollar devaluation when pricing eggs in BTC
The U.S. Federal Reserve has released a blog post showing the instability of Bitcoin against the U.S. dollar [...]
Devaluation is grossly overrated | TheCable
On Monday, Vice-President Yemi Osinbajo might have made his boldest pitch yet for his expected presidential bid in 2023. Speaking at [...]
Osinbajo seeks FX policy to curb corruption, not pushing for naira devaluation -Presidency
Published 12 October 2021
The Presidency has said that Vice-President Yemi Osinbajo (SAN) advocates forex policy to curb corruption, adding tha [...]
Nigeria’s Naira Loses Floor on Foreign exchange Black Market Only a Few Days After Devaluation – Economics Bitcoin Information
The Nigerian naira forex misplaced additional floor towar [...]