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…
Forex News
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…
US Dollar Value’s Spike in Cuba Linked to People’s Migration to USA
The US dollar’s value has surged sharply in Cuba lately. Foreign exchange market analysts attribute this trend to Cubans leaving their country to migrate to the United States. We…
Economics Expert Offers Suggestion to Rescue Japanese Yen
Keio University Professor Sayuri Shirai provided some insights to the Bank of Japan regarding the effective way to avert a massive Japanese yen fall. The former policy board member of…
Analysts Describe How Chinese Renminbi Will Stay Afloat This 2022
Economic analysts from the Goldman Sachs Group Incorporated provided their insights regarding the Chinese renminbi as this new year commenced. They remarked that this 2022, the official currency of the…
Omicron Threat Noticeably Impacts Asian Currencies
As 2021 entered its final week, today, Monday, December 27, Asian currencies exhibited mixed trading movements during the early morning trading session in Asia. Foreign exchange analysts point to the…