On Aug 11, the People’s Bank of China (PBOC) lowered the central parity rate of the yuan by 1.9 per cent, sending shockwaves around the globe. Many foreign commentators condemned the devaluation as a ...

Shortly after Kenya’s 2022 elections, the shilling depreciated rapidly against the US dollar – the country’s main currency for international transactions – fuelling a wave of political discontent.

HANOI, June 26 (Reuters) - Vietnam doubled the trading band for the dong on Thursday, yielding to market pressure for currency depreciation even though it was likely to stoke inflation. Sign up here.

FRANKFURT/TOKYO/WASHINGTON (Reuters) - Attempts by the European Central Bank to weaken the euro have the potential to spark a currency war but policymakers across the ...

Morgan Stanley is advising a more cautious approach to the Turkish lira, citing a faster pace of currency depreciation and increasingly crowded positioning in the carry trade, even as the currency ...

Cyclically, elevated crude prices, geopolitical tensions and a strong dollar are driving sharp short-term depreciation The sharp depreciation of the Indian rupee to record lows near 95 against the US ...