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Argentine Peso weakens sharply against U.S. Dollar

12 / 08 / 2019

Argentine Peso weakens sharply against U.S. Dollar

The Argentine Peso depreciated to a record low of around ARS 60 to the U.S. Dollar during early trading today (12 August), approximately 22% lower than the previous close, according to reports. This...

IMF approves US $6 billion bailout package to Pakistan

04 / 07 / 2019

IMF approves US $6 billion bailout package to Pakistan

The International Monetary Fund (IMF) approved a three-year US $6 billion bailout package to Pakistan yesterday (3 July), according to reports. Pakistan fulfilled all of the IMF’s conditions before...

Pakistani Rupee reaches record low against the U.S. Dollar

26 / 06 / 2019

Pakistani Rupee reaches record low against the U.S. Dollar

The Pakistani Rupee reached a record low of PKR 161 against the Dollar today (26 June) following another currency devaluation. The Rupee has depreciated by 6.13% since 26 May and by 32.5% since this...

Philippines update

20 / 06 / 2019

Philippines update

The USDA has forecast the Philippines’ milled rice production in the 2019/20 marketing year (July – June) at 12.2 million MTS, up by 1.67% year-on-year. Both harvested area and the average field...