Tag: Dollar

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Strong dollar sends yen to 11-month low, focus on intervention risks

Economy

The Business Files Reporter - September 25, 2023

The dollar rose against the yen to an almost 11-month high on Monday, keeping traders focused on Japan intervention risks after the Bank of...

Dollar holds fast ahead of Fed decision, sterling falls on cool UK inflation

Editors Pick

The Business Files Reporter - September 20, 2023

The dollar remained firm on Wednesday ahead of a much-anticipated rate decision by the Federal Reserve later in the day, while sterling slid on...

Dollar hits 6-month high after data, ECB announcement

Editors Pick

The Business Files Reporter - September 14, 2023

The dollar index hit its highest level in six months on Thursday, as economic data was mostly stronger than anticipated and the European Central...

Yen gives back some gains, dollar rebounds before US CPI

Economy

The Business Files Reporter - September 12, 2023

The yen slipped on Tuesday after its biggest daily rise since mid-July the day before as comments from Japan's top central banker on a...

Dollar holds near six-month peak on global growth fears, fragile yen draws warning

Economy

The Business Files Reporter - September 6, 2023

The dollar held close to a six-month peak as jitters over China and global growth weighed on risk appetite, while the yen strengthened as...

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IMF predicts global public debt will be at 93% of GDP by end of 2024

The Business Files Reporter - October 21, 2024

World Bank’s Banga says more bilateral debt forgiveness needed

Africa October 18, 2024 0

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

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

Business June 12, 2024 0

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

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

Energy April 24, 2024 0

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 April 24, 2024 0

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

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