Tag: Euro

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Yuan jumps as Beijing vows to boost economy; euro and pound stem losses

China's yuan strengthened after the country's top leaders pledged to step up policy support for the flailing economy, while the euro and sterling steadied...

Euro drops after business activity data, eyes on central banks

 The euro slid on Monday after activity data in key economies came in much softer than expected, giving markets a jolt at the start...

Dollar hovers near 15-month low, euro scales 17-month peak

The dollar drifted near a 15-month low against its major peers on Tuesday, as investors awaited fresh catalysts to gauge for downside in the...

Euro slides on weak business data; hawkish central banks boost dollar

The euro fell after the bloc's business growth virtually stalled this month, as the dollar drew support from a bout of risk aversion on...

Signs of de-dollarisation emerging, Wall Street giant JPMorgan says

Signs of de-dollarisation are unfolding in the global economy, strategists at the biggest U.S. bank JPMorgan said on Monday, although the currency should maintain...

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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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