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

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.

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

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

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

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

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

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

Nigeria’s financial markets have surged with renewed optimism following the country’s removal from the Financial Action Task ...

China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...

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

European banks increased their reliance on U.S. dollars last year, Europe's banking regulator said on Monday, amid growing ...