MANILA, PHILIPPINES (10 April 2025) — The Asian Development Bank (ADB) has issued its first local currency education bond, raising 45.7 billion Mongolian togrog (approximately $13.1 million) to ...

China’s tightly controlled currency fell to its weakest level in 19 months on Tuesday, as Beijing allowed the renminbi, also known as the Chinese yuan to slip further amid escalating trade tensions ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

BUENOS AIRES (Reuters) - China is on a crash course with the United States over a major Chinese currency swap deal with Argentina that has buffered the South American country's depleted foreign ...

If last week was a warning, this week might offer no reprieve. Especially as India’s own monetary policy committee meets under the shadow of cascading geopolitical risks, the interplay of trade and ...

BUENOS AIRES, April 8 (Reuters) - China is on a crash course with the United States over a major Chinese currency swap deal with Argentina that has buffered the South American country's depleted ...

The U.S. dollar has been the dominant currency in global trade and finance for more than seven decades. Over that time, little has ever truly threatened its position. Global economic systems operate ...

Tanzania implemented new foreign currency regulations requiring that all prices for goods and services in the country be quoted exclusively in its local currency. Kenyan businesses, including ...

However, continued demand in the Nigerian Foreign Exchange Market (NFEM) caused the local currency to decline in March 2025, putting it under a lot of strain. Over the course of the month, the naira ...

Libya’s central bank devalued the country’s currency by 13.3 per cent on Sunday amid ongoing fiscal strain. The exchange rate for the dinar has now been set at 5.5677 to the US dollar ...

The deepening trade war is raising speculation in financial markets that China may resort to aggressively devaluing the yuan against the US dollar in a break of their policy of pursuing a stable ...