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currency

Malaysian central bank calls for higher forex inflows to boost ‘undervalued’ ringgit

by Walter Watson
Malaysian central bank calls for higher forex inflows to boost ‘undervalued’ ringgit

Malaysia’s central bank on Tuesday said it had urged investors, government-owned enterprises and private corporations to help shore up the value of its plunging ringgit, which continues to be battered …

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Impact of Rs 2,000 notes withdrawal: Currency-in-circulation growth dips to 3.7% in Feb

by Ron Morgan
Impact of Rs 2,000 notes withdrawal: Currency-in-circulation growth dips to 3.7% in Feb

The growth in currency in circulation decelerated to 3.7 per cent for the week ended February 9 from 8.2 per cent a year ago, reflecting the impact of the decision …

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Cubans face soaring fuel prices as Canadian tourists swoop in for winter getaways

by Walter Watson
Cubans face soaring fuel prices as Canadian tourists swoop in for winter getaways

Whatever the weather in Cuba this February, people may be feeling gloomy about the cost of living. The Cuban government is set to raise fuel prices fivefold at the start of …

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‘It scared the hell out of me,’ says lead plaintiff in proposed class-action suit over data breach at 23andMe

by Akin Smith
‘It scared the hell out of me,’ says lead plaintiff in proposed class-action suit over data breach at 23andMe

A proposed class-action lawsuit against 23andMe could include more people in Canada than originally anticipated, experts say, after the genetic testing company said a data breach affected millions more customers than …

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Scotiabank profit falls as bank sets aside almost $1.3B to cover bad loans

by Anas Siddiqui
Scotiabank profit falls as bank sets aside almost .3B to cover bad loans

The Bank of Nova Scotia said its profit slumped in the fourth quarter for a variety of reasons, but a major one was a more than doubling in the amount …

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New Argentine leader, China critic Javier Milei unlikely to dial back bilateral ties: analysts

by Walter Watson
New Argentine leader, China critic Javier Milei unlikely to dial back bilateral ties: analysts

But his Liberty Advances coalition won only 39 of the lower house’s 257 seats and eight of the Senate’s 72 seats, suggesting he would not be able to govern without …

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Argentina’s economy minister concedes presidential runoff to right-wing populist rival

by Walter Watson
Argentina’s economy minister concedes presidential runoff to right-wing populist rival

Argentina’s economy minister, Sergio Massa, has conceded defeat to populist Javier Milei in Sunday’s presidential runoff before the country’s electoral authority released official results. Massa congratulated his opponent, a right-wing economist …

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As Indonesia’s currency struggles, Jokowi stresses need to ‘prepare for long run’, calls depreciation ‘safe’

by Walter Watson
As Indonesia’s currency struggles, Jokowi stresses need to ‘prepare for long run’, calls depreciation ‘safe’

Indonesian President Joko Widodo said on Tuesday the rupiah’s recent depreciation rate against the dollar was still “safe” for Southeast Asia’s largest economy and its inflation targets and that his …

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A surprise result in Argentina’s presidential election sets up a showdown

by Walter Watson
A surprise result in Argentina’s presidential election sets up a showdown

Economy Minister Sergio Massa produced a big surprise by finishing first in the opening round of Argentina’s presidential election, reflecting voters’ wariness about handing the presidency to his chief rival, …

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A chainsaw-wielding libertarian could become Argentina’s next president

by Walter Watson
A chainsaw-wielding libertarian could become Argentina’s next president

Argentina may be about to leap into the political unknown. The South American country, the region’s No. 2 economy after Brazil, will vote in presidential elections on Sunday with a …

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