The Belarusian ruble continued to lose ground against the U.S. dollar over the past month, plummeting to an all-time low...
News Category: Exchange Rate
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Belarus: Belarusian ruble continues to plummet as credit default risk looms -
Norway: Norwegian krone bolstered to over three-year high by strong oil prices The Norwegian krone appreciated markedly against the euro in recent weeks, reaching its strongest level since October 2018. On 25... -
Japan: Japanese yen tumbles to near seven-year low against the U.S. dollar The Japanese yen fell sharply in recent weeks, hitting a near seven-year low of 122.0 per USD at the close... -
Ghana: Cedi weakens amid unfavorable external pressures and limited access to markets The Russian invasion of Ukraine drove commodity prices up and exerted external pressure on the Ghanaian currency. This comes on... -
Kazakhstan: Kazakh tenge collapses amid the fallout of war in Ukraine, despite central bank support Russia’s invasion of Ukraine on 24 March was met with severe Western sanctions, which quickly caused the ruble to depreciate... -
Turkey: Turkish lira ends 2021 on a rollercoaster ride The Turkish lira suffered in the days ahead of the Monetary Policy Committee meeting on 16 December, and it ended... -
Kenya: Kenya’s shilling falls to fresh record low in early December, spelling trouble for foreign debt servicing The shilling continued its downward trend against the USD in recent weeks, hitting a fresh record low on 8 December,... -
Turkey: Turkish lira nosedives after Central Bank’s November meeting The Turkish lira nosedived following the Central Bank’s announced rate cut on 18 November, and it has continued to set... -
Brazil: Real tumbles on political tensions and rapid inflation The Brazilian real tumbled against the U.S. dollar in recent weeks, hitting an over five-month low in early October. On... -
Turkey: Lira slides to new record low as Central Bank delivers unexpected rate cut The Turkish lira tumbled drastically at the close of Q3, reaching a new all-time low of TRY 8.92 per USD...