The Russian ruble tumbled in August, falling to the lowest levels seen in over two years. On 30 August, the...
News Category: Exchange Rate
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Russia: Ruble plunges following U.S. sanctions and emerging markets selloff -
Ukraine: The hryvnia falls amid elevated demand for foreign currencies The Ukrainian hryvnia weakened in August as demand for foreign currency in the interbank foreign exchange market exceeded supply. On... -
Turkey: Lira’s collapse intensifies pressure on country’s corporates and summons ghost of financial crisis The Turkish lira has tumbled against the dollar in recent weeks, from around TRY 5.00 per USD at the beginning... -
China: Central Bank intervention and upcoming trade talks halt the yuan’s slide Measures implemented by the People’s Bank of China (PBOC) and trade talks between China and the United States scheduled for... -
Angola: Kwanza slides in H1 amid controlled adjustment of the exchange rate regime The Angolan kwanza began sliding at the start of the year after the Central Bank (Banco Nacional De Angola, BNA)... -
South Africa: Contagion from Turkey’s lira crisis hits rand in August Amid the ongoing crisis in Turkey, the selloff in emerging markets (EM) continued into August as contagion from the freefall... -
Venezuela: Bolivar continues to plummet in June At the twentieth Central Bank Dicom auction held on 28 June, the bolivar sold at 134,262.5 VEF per EUR (approximately... -
Argentina: Argentine peso tumbles to new all-time low in June The Argentine peso continues to depreciate, despite Central Bank efforts to stem the currency’s slide. On 29 June, the currency... -
South Africa: Emerging-market selloff pushes rand to six-month low in June Since the outset of the year, the South African rand has taken some major hits as the emerging-market selloff continues... -
Venezuela: Bolivar slides further in official and parallel markets in early June At the seventeenth Central Bank Dicom auction held on 8 June, the bolivar sold at 94,112 VEF per EUR (80,000...