China appears to be considering further reforms to its foreign exchange market such as reduced state meddling and freer trading of the yuan, but analysts are sceptical about its efforts to relax...
China's yuan jumped to a near seven-month high Thursday, fuelling speculation that the government was pulling strings to prop up the beleaguered currency in response to last week's credit rating...
The Bank of Ghana (BoG) has appealed to importers who trade from other countries apart from the United States to trade in currencies of the country of importation to free the pressure on the dollar....
Donald Trump has launched an investigation into countries that export steel to the US, raising the prospect of new tariffs on imports. It is designed to stop countries from flooding the US with...
US President Donald Trump reversed himself Wednesday and said China is not manipulating its currency to gain a trade advantage. In an interview with the Wall Street Journal, Trump appeared to lay to...
The growing temptation to resort to protectionism and uncertainty in Europe linked to the French elections pose "risks" to the global economy, International Monetary Fund chief Christine Lagarde said...
Ghana's local currency, the Ghana cedi ended the first quarter of this year with a depreciation rate of 2.52 per cent to the US dollar. This is against a depreciation rate of 2.80 percent at the end...
US President Donald Trump has said that trade negotiations with China will be "very difficult" when he meets President Xi Jinping in Mar-a-Lago, Florida, on Thursday. Trade will be one of two key...
The International Monetary Fund called on Nigeria on Thursday to lift its remaining foreign exchange restrictions and scrap its system of multiple exchange rates to revive the country’s...
Despite high expectation on the part of the private sector for the Bank of Ghana(BoG) to reduce the policy rate due to government’s policy direction, some financial observers maintain that...
Despite high expectation on the part of the private sector for the Bank of Ghana(BoG) to reduce the policy rate due to government’s policy direction, some financial observers maintain that...
The Trump administration's top trade advisor said Monday US trade deficits are a threat to national security that could cause the loss of American freedom and prosperity. Outlining an...
Wall Street opened lower Friday, taking a break from the steady rally of the past three weeks, amid a generally cautious move in global markets. Twenty minutes into trading, the Dow Jones Industrial...
President Donald Trump declared China the "grand champions" of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a more methodical approach to analyzing Beijing's...
The dollar slid broadly on Monday after U. S. President Donald Trump struck a protectionist tone in his inauguration speech, undermining optimism over the U.S. economy spurred by his promises of tax...
Asian markets have already seen some wild swings since Mr Trump's election win. Calling China a currency manipulator. Ripping up trade alliances and deals. Slapping tariffs on Chinese goods....
The Bank of Japan said Wednesday that it's introducing a new long-term interest rate target of around zero. The bank has already gone to extreme lengths in its attempts to stimulate the country's...