Turkish lira hits new low after Erdogan’s latest rate cut
The Turkish lira plunged as much as 5.6% to a record low against the dollar on Thursday after the central bank slashed its policy rate in line with an unorthodox economic programme set out...
The Turkish lira plunged as much as 5.6% to a record low against the dollar on Thursday after the central bank slashed its policy rate in line with an unorthodox economic programme set out...
As Myanmar’s economic slump deepens after February’s military coup and parts of its financial system freeze up, many in the strife-torn country are turning to online groups to bypass official channels to trade currencies....
Zimbabwe’s central bank on Tuesday announced the introduction of a new 50-dollar note, the country’s highest denomination, worth only around $0.60 in US currency. Insufficient to pay even for a loaf of bread, the...
The Indian Rupee is going through its toughest times since independence. The impacts are also brunt by the Nepalese currency which remains pegged to the Indian Currency since 1994. Even Pakistan’s currency is depreciating...