Currency and bond markets price in fall of France’s government
As France's National Assembly voted to oust Prime Minister Michel Barnier's government, we look at how markets have responded to the news.…
Nigeria’s currency in circulation rises by 93%
Data by the Central Bank of Nigeria shows that the country’s currency in circulation rose by 93.3 per cent to 4.1 trillion naira with about 6.6 per cent within the banking sector.…
Nigeria: Currency reform deepens socio-economic crisis
The devaluation of the naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day.…
Naira abuse: What you need to know?
What is considered abuse of the Naira? Did you know that the Naira has strict rules governing it? GuardianTV shed light on the laws and consequences surrounding the abuse of the Naira…
Iraqis protest after currency value slashed
Hundreds of angry Iraqis protest in several cities against a currency devaluation that has slashed their purchasing power amid a pandemic-fuelled economic crisis. The Central Bank of Iraq (CBI) at the weekend…
Alberto Fernandez wins Argentine presidential election
Center-left candidate Alberto Fernandez has capitalized on rising poverty, soaring inflation and a battered currency under conservative incumbent Mauricio Macri. A Fernandez victory has spooked markets.…
European leaders step in to block Facebook’s digital currency
Facebook's Libra, billed as an alternative to traditional banking, has sparked concerns from central bankers and regulators around the world. The currency has been criticized as a threat to sovereignty and stability.…
Nomura’s Rochester sees ‘Shimmer of Light’ for the pound
Jordan Rochester, a currency strategist at Nomura International, discusses Brexit and the pound on “Bloomberg Surveillance.”…
China’s yuan falls to lowest level in 11 years
The Chinese currency continues to slide as Beijing seeks to buffer against US tariffs. Global markets are rattled by an intensifying US-China trade war.…
Argentina’s peso, stock exchange plunge after Macri vote defeat
Argentina's currency and the Buenos Aires Stock Exchange have plummeted, a day after President Mauricio Macri suffered a crushing defeat in a primary election. The peso has shed 15% of its value…
US designates China a currency manipulator after yuan drop
The US Treasury has designated China a currency manipulator following the devaluation of the yuan. According to the department, the yuan's steep drop gives China an unfair competitive advantage in international trade.…