In spite of the combined domestic information from Australia, there’s little expectation of a rate cut from the Reserve Bank of Australia till April next year, even as futures markets have actually priced in 38 basis points of rate cuts for the RBA over this year and next. F...
this year and has weakened 72%, making it the world's second-worst-performing currency, Bloomberg reported late last month. According to the Zimbabwe National Statistics Agency, the country's annual inflation rate increased to a seven-month high of 55.3% in March, up from 47.6% in February....
Hello friends I hope you’ve been keeping well. I have been busy trying to get all my holiday decorating and commitments out of the way so I can enjoy a nice long break with my family. Maybe squeeze some painting in there as well. I’m really looking forward to it…:) I wanted to...
The rial has lost about half of its value since April because of a weak economy, heavy demand for dollar and the local banks’ inability to meet the demand for dollars among Iranians who fear the effects of sanctions. Tehran tried to fix the rate at 42,000 in April, and threatened crac...