The Kenyan Treasury defends the current valuation of the shilling, with CS Mbadi suggesting it is undervalued and would ...

Swap from the US dollar comes amid difficult relations with Washington but is primarily driven by the Kenyan government’s domestic economic and political concerns rather than marking a major ...

Mbadi says the local currency’s stability is backed by improving macroeconomic fundamentals, including improved diaspora remittances, tourist receipts and strong export earnings.

The pressure on Argentina’s reserves predated the increase in uncertainty ahead of Argentina’s October election, and it is unlikely to dissipate in full even after Milei’s victory.

Zimbabwe's economy faces significant challenges as the IMF warns of persistent dollarisation, while local industries urge ...

Ethiopia and Kenya may become Africa’s first countries to repay Chinese loans in Beijing’s currency. It’s the latest in a ...

Ukrainians kept their euro demand steady in Q3 2025, matching last year’s levels despite ongoing US uncertainty, the NBU’s ...

Pakistan's trade deficit widened to $12.6 billion during the first four months of this fiscal year, an addition of $3.5 ...

Over the past 15 months, the Kenyan currency has remained stable against major global currencies, notably the US dollar.

Alfred Kammer, Director of the IMF European Department, delivers a speech at the ECB’s House of the Euro in Brussels on ...

Europe has managed major shocks, but growth is slowing, export gains are reversing due to tariffs, and bond markets reflect rising risks. Interest rate cuts and increased fiscal spending, including ...