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currency

5 Mar
The country's top court ordered the government to extend a deadline for citizens to swap old bills for new ones. A judge said the president had behaved like a "dictator" in his rush to carry out the banknote redesign.
22 Feb
Data by the Central Bank of Nigeria shows that currency in circulation fell 53.3 per cent to 1.5 trillion naira from October 2022 to January 2023.
4 Feb
Russia has started selling its growing reserves of the Chinese currency to fill a budget deficit caused by falling oil and gas revenues and the costs of war. For how long will the yuan shore up Putin's ailing economy?
23 Nov
The CBN governor, Godwin Emefiele, said the decision was prompted by concerns with the management of the current series of banknotes, the increasing risk of naira counterfeiting as well as the persistent large-scale hoarding of the naira which has resulted in a worrisome situation where over 80 percent of the currency in circulation is outside the banking system.
30 Oct
Currencies are depreciating around the world and wreaking havoc on economies. But as the strong US dollar hits foreign demand, some American businesses are also experiencing painful losses.
27 Jul 2022
Zimbabwe introduces gold coins as local currency tumbles.
2 Dec 2021
Turkey's Finance Minister, Lutfi Elvan, has resigned amid another plunge in the value of the country's currency, the lira. He is being replaced by his deputy, Nureddin Nebati, who supports President Recep Tayyip Erdogan's controversial economic policies. The lira has lost almost half of its value this year as Erdogan has pushed for low interest rates, despite rising inflation. Also today, we look at how some French parents are choosing to rent toys for their children, instead of buying new ones.
22 Feb 2021
The change is a key reform demanded by foreign donors and the International Monetary Fund (IMF). The country is hoping to overhaul its debt-laden, inflation-hit economy.
27 Dec 2020
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 devalued the currency by over a fifth against the US dollar, officially re-pegging the dinar at a bank rate of 1,460 to the greenback.
28 Oct 2019
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.
27 Oct 2019
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.
15 Sep 2019
Jordan Rochester, a currency strategist at Nomura International, discusses Brexit and the pound on “Bloomberg Surveillance.”

Latest

7 hours ago
Jair Bolsonaro has returned to Brazil after a three-month self-imposed exile in the US to return to politics, complicating life for his successor, Luiz Inacio Lula da Silva.
7 hours ago
The statement of the body's presidency was adopted only weeks after a Security Council delegation visited DRC. The eastern region of DR Congo is rife with dozens of rebel groups with conflicting goals and interests.
7 hours ago
A recent report points to raccoon dogs as possible transmitters at the origin of the Covid-19 pandemic. DNA samples collected at the Huanan Wholesale Seafood Market in China show that several raccoon dogs were present in areas where the SARS-CoV-2 virus was found. FRANCE 24's Science Editor Shirli Sitbon looks at what the data may have revealed and why it has disappeared from data-sharing site GISAID.
8 hours ago
Taiwan's President Tsai Ing-wen touted US-Taiwan cooperation during her visit to New York. She is now heading to Central America.
8 hours ago
The man who inspired the film “Hotel Rwanda” and was freed by Rwanda last week from a terrorism sentence returned Wednesday to the United States and joined his family after being held for more than two years.
8 hours ago
A focus on Finland's NATO bid has hidden the depths of the country's labor shortage. But a chronic lack of workers is on voters' minds as they head to the polls on Sunday.