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

Kenya will hold further talks with the International Monetary Fund to overcome the key obstacles that have so far prevented ...

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 ...

The Republic of Korea’s foreign reserves increased for the fifth consecutive month in October, reaching their highest level in 33 months, according to data released by the Bank of Korea (BOK) on ...

The president of Argentina’s big congressional election victory holds crucial lessons for the U.S., Europe and Japan.

In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.

The East African nation and fellow Brics member is the latest country to seek a switch, accelerating the yuan’s ...

The U.S. Treasury on Tuesday said Thailand and Malaysia have agreed to regularly disclose any interventions in the foreign ...

The International Monetary Fund (IMF) has warned Nigeria to guard against rising debt and fiscal risks even as it praised the ...