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Currency depreciation: Will the rupee keep falling?
04 Jan 2025 12:13 GMT
… to this continued depreciation, the foreign exchange reserves have also … the drop in the Chinese currency, the Yuan, which weakened … the Indian rupee.
The depreciating rupee will have challenging … economy after the new Trump regime takes over. However, the …
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Things Tinubu should fix urgently to save Nigeria from collapse –Udenwa
04 Jan 2025 05:35 GMT
… today.
Every day, the exchange rate is very much … at the centre – Defence, currency and citizenship? What again do … removed fuel subsidy and floated the naira without consultations? … scam within that fuel subsidy regime; it created overnight billionaires …
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Ethiopia Bets Big on Floated Currency as Kenya Masters the Art of Stability
01 Jan 2025 00:11 GMT
… fuel to machinery; devaluation quickly drives up prices … depreciation can mean higher local returns once foreign exchange … that balances a floating currency with interventions, ensuring … no currency regime is foolproof, insist their flexible approach will …
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Peso falls to 20.9 to the dollar in its fourth consecutive day of depreciation
31 Dec 2024 18:18 GMT
… peso’s depreciation on Tuesday came after the currency fell 1.67% … annual depreciation [for the peso] since we’ve had the free-floating exchange regime … ,” she wrote.
The Banco Base analyst said that the annual depreciation …
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Cenbank introduces forex intervention strategy, eyes greater exchange rate flexibility
31 Dec 2024 16:57 GMT
… interventions to sell foreign currency to banks. The fixed exchange rate in auctions … functioning of the new exchange rate regime of crawling peg with the band in … a transitional step towards a flexible exchange rate, which will better support …
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Military regime announces customs tariffs to be set at market online trading rate
31 Dec 2024 06:36 GMT
Mizzima
On 27 December, the junta’s Customs Department announced that customs tariffs on goods being exported or imported will be based on the market online trading rate, rather than the Central Bank’s reference exchange rate for US dollars.
The Customs …
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Rupee Volatility Surge Puts RBI’s Currency Strategy in Focus
30 Dec 2024 12:05 GMT
… volatility means that the currency may not adjust as … from a regime known for intervening firmly in the currency market, … the central bank’s foreign-exchange strategy.
The rupee fell … India’s 40-currency trade-weighted real effective exchange rate, a measure …
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Here’s the Foreign Currency Limit A Person Can Buy in Pakistan
30 Dec 2024 06:04 GMT
Exchange Companies are allowed to sell foreign currency to individuals by a maximum … strengthens the supervisory & enforcement regime.
Further, it updates reporting requirements … of regulatory guidance for the Exchange Companies. The framework will replace …
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Higher budget deficit may further depreciate naira – Fitch
29 Dec 2024 00:57 GMT
… exchange-rate regime and tighten monetary policy, the naira has faced renewed depreciation … pressure.
A divergence between the official and parallel market exchange … inflows, including a $917m foreign currency-denominated bond issued in August …
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, FII action among 8 factors that could keep D-Street on toes this week
05 Jan 2025 04:21 GMT
… Street now awaits a new regime under the Trump administration to … close on January 8 has fixed the price band at Rs … ) Rupee Vs Dollar
The rupee depreciated 4 paise to close at … .
The uptrend in the American currency was underpinned by expectations of …