Tag: Dollar

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Pound hits highest since June, euro up as dollar under pressure

The pound rose to a new 10-month high against the dollar on Tuesday, and the euro reached its highest in two months, as the...

Dollar ahead as inflation worries resurface after OPEC+ surprise

The U.S. dollar was broadly higher as fears over inflation resurfaced after a surprise announcement by major oil producers to cut production further, with traders...

Euro, dollar steady as bank fears recede, inflation in focus

The U.S. dollar and euro steadied on Thursday as concerns over the banking sector receded, while investors switched focus to inflation for more hints...

Dollar soothed by uneasy market calm

The dollar steadied against most major peers on Wednesday, pausing its recent declines, and gaining sharply against the yen which was volatile as the...

Gold steadies as investors return to risk assets

Gold prices steadied on Tuesday, recouping earlier losses on a softer dollar, while investors favoured higher-risk assets as banking worries eased and pushed bullion...

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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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