The French-backed West African CFA franc currency will be reformed and renamed the ‘eco,’ in what Ivory Coast President Alassane Ouattara called a ‘historic’ move on Saturday.
Capital Intelligence (CI), an international credit rating agency, has affirmed the long-term foreign currency rating (LT FCR) of Qatar Islamic Bank (QIB) at ‘A+’.
India's rupee plunged along with equities on Tuesday after the country's central bank chief quit following a dispute with the government that analysts say raises fears about its independence.
Finance Minister Berat Albayrak has promised "realistic macro targets" and "right action plans" in the three-year programme to 2021.
The Australian dollar is paying for the sins of others as investors short the commodity-exposed currency to 2-1/2-year low as a hedge against risks to global trade, China and emerging markets.
The lira has lost nearly 45% of its value since the start of the year against the dollar as investors took fright over a bitter row with the United States.
The lira gained some support from the announcement late on Wednesday of a Qatari pledge to invest $15bn in Turkey.
The country’s economic diversification projects will "sustain robust growth" until 2030, before slowing thereafter, The Economist Intelligence Unit (EIU) has said in a recent report.
Thailand began circulating bank notes and coins featuring the image of new King Maha Vajiralongkorn on Friday, officials said.
QNB Chief Executive Ali Ahmed al-Kuwari said in an interview there had been unusual moves in Qatari credit default swaps late last year.