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Forex News
Finance Official: Government Doing Its Part to Rescue Ghanaian Cedi
Kenneth Nana Yaw Ofori-Atta has assured the public that Ghana’s government remains committed to implementing policies essential in resolving the Ghanaian cedi’s depreciation against the official currencies of the African…
Uniglobal Invest Review – Trade with No Security Concerns
The services of this brand appear to be on hold, prompting us to lower our rating to 1 star. Rest assured, we will share any new information about its operational…
New Economy Minister Assures Efforts for Argentine Peso, Stability
Silvina Batakis has pledged economic stability as the Argentine peso has been rattled by concerns over a populist policy shift in Argentina, which also dragged down bonds. The new Minister…
Government Addresses the Zimbabwean Dollar’s Volatility
The Government of the Republic of Zimbabwe is working on taming the volatility that the Zimbabwean dollar is presently undergoing. It will reportedly not hold back on implementing fiscal and…
Frail Japanese Yen Worsens High Inflation Effects on Consumers
The weak Japanese yen made its repercussions to consumers worse as it coupled with high resource prices. These latest developments in Japan have left firms struggling with high inflation or…
Pakistani Rupee Depreciation Vs. US Dollar Hurts Pakistani Economy
The depreciation of the Pakistani rupee against the US dollar is among the five primary challenges currently confronting Pakistan’s economy. The South Asian nation’s Ministry of Finance confirmed this national…
Low Nepalese Rupee Value Vs. US Dollar, Inflation Bedevil Consumers
Nepal’s consumers are presently beset by economic problems like the low value of the Nepalese rupee against the US dollar and inflation. This development comes as many nations grapple with…
Tunisian Dinar Decline Adds to North African Nation’s Economic Woes
The plummeting of the Tunisian dinar’s value has exacerbated the economic crisis in Tunisia. Besides this North African country’s official currency undergoing devaluation versus the US dollar, the territory is…
Minister Defends Central Bank Regulations Involving Myanmar Kyat
Two ministers of the army-installed government of Myanmar spoke about the Central Bank of Myanmar’s new rules requiring the conversion of foreign exchange into Myanmar Kyat, which is the Southeast…
Officials from the United States and Japan Discuss Currency Issues
Two government officials from the United States and Japan convened in Tokyo, Japan, yesterday regarding the concerns involving the Japanese yen and the foreign exchange market. This development took…
Japanese Yen Falls Vs. US Dollar, Kishida Government OKs Event
The Japanese yen witnessed a conspicuous fall in value versus the US dollar, which increased to an over six-year high yesterday, Monday, March 28. This development may be grim for…
Expert Cites US Dollar’s Positive Effect on Venezuelan Bolivar
The Venezuelan bolivar is among the most devalued foreign currencies in the world. However, with the Government of Venezuela taking action recently, this official currency of the South American country…
Algerian Dinar to US Dollar Stable in Official, Black Forex Markets
As this week commenced, the foreign exchange rate of the primary foreign currencies, including the US dollar versus the Algerian dinar, appears to remain stable on both the official foreign…
Forex Experts Confirm South African Rand’s Resilience amid COVID-19
Experts of foreign exchange markets have provided their insights regarding the South African rand’s current status. They explained and affirmed the remarkable strength of the foreign currency amid the ongoing…