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Central Asia's currency problems.
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DOI: 10.1108/OXAN-DB199904
ISSN: 2633-304X
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From a rate of 39,000 to the dollar in December 2017, the rial devalued to around 65,000 in April 2018. There was a sharp spike to 75,000 after US President Donald Trump announced…
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DOI: 10.1108/OXAN-DB235424
ISSN: 2633-304X
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These aim for tighter CBN control over the parallel market. The CBN is also seeking to stabilise the currency through bond issuances, cryptocurrency crackdowns and other schemes.
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DOI: 10.1108/OXAN-DB286045
ISSN: 2633-304X
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Despite dramatic depreciation of the lira since early March, the TCMB is likely to continue cutting its benchmark one-week repo rate, now at 8.75%, as it tries to mitigate the…
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DOI: 10.1108/OXAN-DB252635
ISSN: 2633-304X
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Beijing's abrupt reform of its exchange rate regime on August 11 led to an immediate sharp devaluation, but is also broadly consistent with giving market forces a greater role in…
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DOI: 10.1108/OXAN-DB205774
ISSN: 2633-304X
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China's financial turmoil and its impact on global markets.
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DOI: 10.1108/OXAN-DB207798
ISSN: 2633-304X
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TURKEY: Markets will expect change from new minister
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DOI: 10.1108/OXAN-ES257500
ISSN: 2633-304X
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Gulf currency pegs.
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DOI: 10.1108/OXAN-DB209890
ISSN: 2633-304X
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The central bank's plans to lift its three-year cap on koruna/euro appreciation.
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DOI: 10.1108/OXAN-DB214105
ISSN: 2633-304X
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It has fallen from about 6.50 at end-March and 5.95 at end-2019. There is speculation about a possible balance of payments crisis due to the COVID-19 pandemic, economic…