Economy

Russian rouble weakens on weaker oil

The Russian rouble weakened against the U.S. dollar on Thursday on weaker oil, with analysts expecting it to reverse the trend next week as...

Gold prices consolidate with focus on U.S. inflation data

Gold prices eased on Monday as some investors locked in profits after a sharp rise in the previous session, while markets awaited this week's...

Sterling slumps ahead of BoE decision after Fed hikes rates again

Sterling dropped against the dollar on Thursday after the Federal Reserve jacked up interest rates again, and as traders awaited the latest decision from...

Gold coins to the rescue in Zimbabwe

As at 22 September 2022, a total of 9,516 gold coins valued at Z$9bn (US$1=Z$650) had been sold to both individuals and corporate buyers,...

Euro and pound hold gains, stocks mostly rise as rate fears ease

The euro, pound and yen all held their gains against the dollar Thursday and most equities rose as traders grow increasingly hopeful the Federal...

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