The National Planning Commission (NPC) says exchange rate unification (devaluation) could help solve current economic challenges like forex scarcity but needs to be implemented jointly with a broad ...

(Bloomberg) -- Egypt delivered its biggest-ever interest-rate hike and allowed its currency to weaken more than 38% in a long-awaited devaluation that may pave the way for billions more in loans from ...

(Bloomberg) -- Egypt’s central bank will likely wait out a pick up in inflation and put off interest-rate hikes until it builds its foreign-currency buffers enough to manage another currency ...

Olayemi Cardoso says reforms by the Central Bank of Nigeria have strengthened confidence in the naira, easing fears of ...

Additional support from international partners mitigates Egypt’s (B-/Negative Outlook) financing pressures but durably addressing the country’s external-sector resilience and financing constraints ...

On Tuesday, the People’s Bank of China (PBoC) raised the USD-CNY fixing to 6.2298 from 6.1162, the highest dollar fix in two years. The 1.9% depreciation was framed as part of its reform of the fix ...

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), on Thursday declared that the era of persistent naira ...

What explains cross-national and temporal variations in migrant rights? This article argues that policymakers implement more exclusionary or inclusive policies toward migrants in response to ...

China devalued its currency on Tuesday, reportedly in order to make the RMB more responsive to market forces, although this gave rise to suspicion among global analysts, who fear that the devaluation ...