Egypt’s Inflation Hits New Record as Pound Devaluation Looms
Egypt’s inflation accelerated to another record high, with a new surge in food costs heaping more pressure on
2023-08-10 20:53
Foreigners Go on $2 Billion Buying Spree in Malaysia for Carry
Foreign investors ramped up purchases of Malaysian assets last month in their hunt for carry returns amid bets
2023-08-10 14:16
Won Breaches Key Support Levels as Sentiment Sours
The won was the worst affected Asian currency amid last week’s bond market turmoil and some analysts expect
2023-08-08 15:52
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
2023-08-04 13:48
Turkish Inflation Surges More Than Forecast to End Long Slowdown
Turkish inflation ended its eight-month deceleration in July, putting it on track for a surge that the central
2023-08-03 15:15
Analysts Say US Dollar’s Drop on Fitch Downgrade Unlikely to Persist
Investors will continue to scoop up Treasuries despite Fitch Ratings’ move to cut the US’ credit rating although
2023-08-02 10:46
Mexico Peso Clocks Longest Monthly Winning Streak Since 2008
Mexico’s peso posted its seventh-straight month of gains, the longest such streak in 15 years, with the currency’s
2023-08-01 05:55
Baht Looks to Bank of Thailand to Add Impetus to Nascent Rebound
Thai baht’s nascent recovery is set to solidify with the nation’s central bank seen sticking to its hawkish
2023-07-31 08:46
EM Currency Rally Pauses as Bank of Japan Tests Carry Trade
A gauge of developing nation currencies dropped for the first time this week as a hawkish tweak to
2023-07-28 20:46
Ex-NY Fed Economist Among Three Central Bankers Named by Erdogan
Turkish President Recep Tayyip Erdogan made some of the biggest moves in revamping his economic team by installing
2023-07-28 12:56
Turkey’s New Central Bank Governor to Confront Misgivings in Public Debut
Turkey’s newly-installed central bank Governor Hafize Gaye Erkan will step into the spotlight for the first time on
2023-07-27 12:23
Dollar on Back Foot as Fed Axes One of Bears’ Top Hurdles
Dollar weakness looks to have room to run after the Federal Reserve said further interest rate hikes would
2023-07-27 10:49