Tag: US dollar

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Dollar falls as Europe’s inflation cools and China lifts the Aussie

The dollar fell on Wednesday, losing out to commodities currencies like the Australian dollar and against the euro, which got a lift from a...

Rouble tumbles to near eight-month low vs dollar

The rouble slumped to its weakest since late April past 72 against the dollar on Thursday as fears over the impact of sanctions on...

Oil up on lower U.S. crude stocks and dollar, OPEC+ and China concerns limit gains

Oil prices posted gains of more than 1% in Asian trade on Wednesday on falling U.S. crude inventories and a lower greenback, but concerns...

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...

Oil rises as U.S. dollar loses steam though demand fears linger

Oil prices rose on Tuesday as the US dollar eased against major peers but gains were limited by worries of slowing global fuel demand...

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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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