The US dollar is the preeminent reserve currency in the world representing 57% of global foreign exchange reserves. When it comes to exports, the US dollar is currently used in 54% of invoices and ...
BAGUIO CITY — A total of P685.6 billion worth of banknotes were retired by the Bangko Sentral ng Pilipinas (BSP) in 2024 as these were no longer fit for circulation, the central bank reported Friday.
Real interest rates and inflation expectations could be topping out, he says, allowing many central banks to cut rates. Turkey, Egypt, Kenya and Nigeria offer the most opportunities, as the EM ...
'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources ...
'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources ...
Egypt has issued $2 billion in the international bonds market for the first time since 2021, marking a significant step in addressing its financing gap, Bloomberg reported on Tuesday.