The U.S. Treasury has purchased Argentine pesos and finalized a $20 billion currency swap with Argentina's central bank.
That intervention was prompted by the Argentine central bank being forced to sell over $1bn in two days to prop up the peso.
Kenya has completed converting three railway construction dollar-denominated loans from China into yuan in order to save on interest payments, its Finance Minister John Mbadi said on Tuesday.
Policymakers should enhance market surveillance through systemic risk monitoring including stress testing and scenario ...
Kenya has completed converting a $5 billion railway loan from China from dollars into yuan currency in order to save on ...
Iran has gained parliamentary approval for a monetary overhaul to remove four zeros from its national currency over the next ...
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