Why Brazil's currency depreciation is back to haunt Lula
The Brazilian real holds the ignominious title of worst-performing major currency in 2024, down by more than 20%. The selloff ...
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Forex Spending On Foreign Education, Health Defy Naira Depreciation
Despite the over 30 per cent depreciation of the naira, Nigerians increased spending on foreign education and health services by 26 per cent, to $2.3 billion in the first nine months of 2024.This ...
The world’s weakest currency that’s worth just £1 per 100,000
The currency has reportedly been among the worst-performing for a few years, mainly due to high inflation, a depressed ...
Economists ramp up projections for Brazil's interest rates to above 15%
Economists have launched a fresh wave of upward revisions to projections for Brazil's interest rate this year, citing ...
How the falling rupee could increase financial burden on companies that went for overseas borrowing
As rupee continues to weaken, companies that raised funds when the rupee was stable at around 82-83 will be forced to ...
Ambev: Battered And Bruised By Currency And Margin Headwinds
Discover why Ambev shares have been underperforming, their challenges with currency depreciation and cost inflation, but why ...