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Search Result for “exchange rate”

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WORLD

Argentina's Milei may find an unexpected friend in the IMF

AFP, Published on 22/11/2023

» WASHINGTON - What will the relationship be like between Javier Milei, Argentina's new self-described "anarcho-capitalist" president, and the IMF, with which the Latin American country has an ongoing $44 billion loan agreement?

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GENERAL

Milei says could take two years to tame Argentina's inflation

AFP, Published on 21/11/2023

» BUENOS AIRES - President-elect Javier Milei said Monday that it could take between 18 and 24 months to bring Argentina's rampant inflation under control, as he outlined his plans to reform the economy.

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WORLD

Milei says could take two years to tame Argentina's high inflation

AFP, Published on 20/11/2023

» BUENOS AIRES - President-elect Javier Milei said Monday that it could take between 18 and 24 months to bring Argentina's rampant inflation under control, as he outlined his plans to reform the economy.

MOTORING

1962 Ferrari auctioned for $51.7 million

AFP, Published on 14/11/2023

» NEW YORK - A 1962 Ferrari 250 GTO sports car sold for US$51.7 million in New York on Monday, making it the second most expensive car ever sold at auction, Sotheby's said.

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GENERAL

Tech stocks struggle ahead of key US inflation data

AFP, Published on 13/09/2023

» NEW YORK - Markets in the United States and Europe closed mostly in the red on a disappointing day for tech stocks, as investors brace for crucial US inflation data and grapple with ongoing concerns about the Chinese economy.

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WORLD

Nigeria's president inaugurates cabinet to tackle economic, security woes

AFP, Published on 21/08/2023

» ABUJA - President Bola Ahmed Tinubu on Monday swore in a cabinet of 45 ministers, urging them to build public trust as his new government takes on Nigeria's huge economic and security challenges.

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GENERAL

Russian central bank hikes rates as rouble falters

AFP, Published on 15/08/2023

» MOSCOW: Russia's central bank on Tuesday hiked its key interest rate from 8.5 to 12 percent, after the rouble crashed to a more than 16-month low against the dollar.

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WORLD

Argentina devalues peso after shock primary election result

AFP, Published on 15/08/2023

» BUENOS AIRES - Argentine monetary authorities on Monday devalued the peso by around 20 percent as the country reeled from the strong showing of far-right politician Javier Milei in a presidential primary election.

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WORLD

Russian ruble plunges past 100 against dollar for first time since March 2022

AFP, Published on 14/08/2023

» MOSCOW - The Russian ruble slid past 100 against the dollar Monday, its lowest level since March 23, 2022 -- weeks after Moscow unleashed full-scale hostilities in Ukraine.

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WORLD

Sedition clampdown hits 'ordinary' Hong Kongers

AFP, Published on 26/07/2023

» HONG KONG - Single mother Law Oi-wah pled guilty to sedition in an almost inaudible voice, as her 12-year-old son watched from a few feet away in a Hong Kong court.