The yuan now makes up 8.5% of global currency transactions, up from 7.0% in 2022, according to the BIS’s triennial survey.
The Business & Financial Times on MSN
Hands off our Cedi: Currency reset will be written in Accra, not Washington!
By Dr. Bernard TETTEH-DUMANYA The Bank of Ghana’s recent approach to forex sales involves heavy intervention in the foreign exchange market, including the sale of US$1.4 billion during Q1 2025, buoyed ...
Turkey’s Vestel is considering swapping lira loans for hard currency to manage costs and hedge against lira depreciation, ...
The afghani, Afghanistan’s national currency, was sent plummeting on Tuesday, as rising political turmoil forced the head of the country’s central bank to flee. As Taliban fighters gained control of ...
Facebook CEO Mark Zuckerberg will appear before Congress this month as the tech giant is under pressure from lawmakers and regulators over its massive market power and record of privacy breaches. Rep.
President John Dramani Mahama held up Ghana’s remarkable economic turnaround under his administration’s “reset agenda” as a ...
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