Africa
Naira and Ugandan shilling face pressure as other African currencies steady
Import demand is weighing on Nigeria and Uganda, while dollar supply and corporate sales are cushioning Kenya, Ghana and Zambia.
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Results for “Currency Markets”
Africa
India
India's rupee and bonds face renewed pressure as oil rises and Iran diplomacy fades
Elevated oil prices, multi-year highs in global yields and growing expectations of an RBI rate increase left Indian markets exposed during a holiday-shortened week, despite continuing central-bank support.
Middle East
UAE suspends trade with Iran after renewed ballistic missile fire
An indefinite halt to trade and financial transactions cuts a major commercial gateway for Iran as missile alarms, tanker attacks and restrictions in the Strait of Hormuz intensify.
Asia
Korean retail investors return to US stocks as KOSPI rout weakens reshoring push
Retail purchases of US equities reached $4.6 billion in July as the Korean benchmark suffered its worst month since 2008, reversing a government effort to draw household savings back into the domestic market.
Africa
Tanzania's First Shilling Offshore Bond Lists in London
Tanzania listed its first shilling-denominated offshore bond on the London Stock Exchange, channeling IFC-backed financing through NMB Bank to expand credit for small and medium-sized enterprises, including a dedicated share for women-owned businesses.
Oceania
New Zealand Dollar Gains Favor After Central Bank Rate Increase
The New Zealand dollar drew renewed attention after the Reserve Bank of New Zealand lifted its official cash rate to 2.50%, reinforcing expectations that monetary tightening may continue as policymakers seek to bring inflation back toward target.
Latin America
Softer Inflation Failed to Shield Mexico's Peso From a Stronger Dollar
The peso weakened even as inflation slowed, highlighting a widening gap between Mexico's domestic price signals and the global forces shaping demand for the dollar.
Asia
Japan and United States Signal Firm Response to Yen Volatility
Japanese Finance Minister Satsuki Katayama said Tokyo and Washington remained firmly committed to acting against financial volatility after talks with US Treasury Secretary Scott Bessent focused on the yen, global markets and geopolitical risks.
Zimbabwe Owes Platinum Producers $228 Million in Export Earnings
Zimbabwe's platinum miners say the government owes them more than $228 million under a foreign-currency retention system, adding pressure to an industry already facing high costs, unreliable electricity and the effects of a recent price downturn.