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A service for FOREX trading professionals · Sunday, February 16, 2025 · 786,439,087 Articles · 3+ Million Readers
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Currency Peg News Monitoring

  • Published on Feb 11, 2025

    Gulf banks debating currency peg to US dollar

    Banks have reignited the debate over whether Arabian Gulf states should peg their currencies at a fixed rate to the United States dollar, after remarks from Qatar's central bank suggesting some should examine alternatives. Last week its director of …

    Source: The National News - Pro-Government
  • Published on Feb 14, 2025

    Cheyne Capital’s Hedge Fund Bets on UAE as Buffer Against Trump

    Breadcrumb Trail Links PMN Business Cheyne Capital’s hedge fund for Europe, the Middle East and Africa is doubling down on the United Arab Emirates as its favored equity market, saying the nation is best placed to weather turmoil stemming from US President …

    Source: Financial Post - Center-right
  • Published on Feb 13, 2025

    Argentina inflation hits lowest level since mid-2020

    Inflation in Argentina reached its lowest level since President Javier Milei took office and annual consumer prices dipped below 100 percent for the first time in two years as he continues to tame expectations in the crisis-prone economy. Consumer prices …

    Source: Buenos Aires Times - Neutral
  • Published on Feb 13, 2025

    Namibia warns Trump spat with South Africa puts economy at risk

    Namibia’s central bank chief warned that escalating tensions between the US and South Africa could destabilise its economy, citing the close ties it has with the two nations and the vulnerability of the Namibian dollar, which is pegged to the rand. …

    Source: IOL - Uncategorized
  • Published on Feb 13, 2025

    Trump’s dispute with South Africa spells trouble for Namibia economy

    Namibia’s central bank governor has cautioned that rising tensions between the U.S. and South Africa could have a destabilizing effect on Namibia’s economy. He highlighted the nation’s strong economic ties with both countries and the vulnerability of the …

    Source: Business Insider Africa - Neutral
  • Published on Feb 12, 2025

    Geingob banknote is not the last – BoN

    Allexer Namundjembo The commemorative note being issued to honour the late President Hage Geingob will neither be the first nor the last of its kind. This was said by the Bank of Namibia’s (BoN) governor, Johannes !Gawaxab on Wednesday during the monetary …

    Source: Windhoek Observer - Neutral
  • Published on Feb 12, 2025

    Economists predict repo rate cut

    Economists are predicting a repo cut of 25 basis points today as the Bank of Namibia (BoN) will be making its first announcement for 2025. This will bring the repo rate to 6.75%. During the last repo rate announcement, the BoN reduced its repo rate by 25 …

    Source: The Namibian - Neutral
  • Published on Feb 12, 2025

    IMF finds Qatar banks well-capitalised, liquid and profitable

    Since the implementation of the Qatar Central Bank measures to reduce banks’ net short-term foreign liabilities, banks’ non-resident deposits declined "significantly", and banks have lengthened the average maturity and diversified further the …

    Source: Zawya - Uncategorized
  • Published on Feb 11, 2025

    Arqaam bulks up with Instrata Capital unit

    Arqaam Capital said it had bought the infrastructure asset management business of Instrata Capital as it targets emerging markets. The Dubai-based firm would not disclose the amount it has paid for the business or the value of the assets in it but said the …

    Source: The National News - Pro-Government
  • Published on Feb 10, 2025

    Professor Steve Hanke: Bulgaria Should Keep Currency Board, Avoid Adopting the Euro

    Professor Steve Hanke, who established Bulgaria’s currency board, emphasized that the country should maintain the current system, as it continues to work effectively. Speaking during a roundtable organized by the pro-Russian "Revival" party in …

    Source: Novinite - Neutral
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