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Pakistani Finance Minister says Rupee will not be devalued

05 / 04 / 2019

Pakistani Finance Minister says Rupee will not be devalued

Pakistan’s Finance Minister Asad Umar said today that there is no reason for a 'big devaluation' of the Rupee, according to local reports citing a television interview. The government is in...

Argentine Peso depreciates to record low against the U.S. Dollar

11 / 03 / 2019

Argentine Peso depreciates to record low against the U.S. Dollar

The Argentine Peso depreciated by 13.1% from 1 January 2019 to a record low of ARS 42.50 to the U.S. Dollar on Thursday (7 March) due to concerns about the economy, according to reports. The economy...

Central Bank of Thailand leaves benchmark interest rate unchanged

06 / 02 / 2019

Central Bank of Thailand leaves benchmark interest rate unchanged

The Central Bank of Thailand has left its benchmark interest rate unchanged due to subdued inflation and a strong Baht in a widely expected decision, according to reports. The Monetary Policy...