Tag: Dollar

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Central banks cut dollar operations with Fed as market stress eases

The world's top central banks will reduce the frequency of their dollar operations with the U.S. Federal Reserve from May 1 after volatility in...

Dollar on firmer ground after recent losses

 The dollar inched higher on Monday, stabilising after recent losses ahead of a week containing a closely-watched Bank of Japan meeting and the last...

Dollar heads for first weekly gain since February

The dollar headed for its first weekly gain in nearly two months on Friday as investors raised their bets that the Federal Reserve will...

Stocks struggle, dollar gains as investors scrutinise data

Global stocks struggled on Friday as investors pored over economic data for clues on the likelihood of more interest rate hikes and possible recession...

Oil prices at three-week low as firmer dollar, rate hikes weigh

Oil prices fell to their lowest in about three weeks on Thursday, depressed by a firmer dollar and rate hike expectations which outweighed lower...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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