Finance

Argentines Turn To the Polls To Avert Economic Crisis And Peso Volatility

Bill Cascade   NEW 03/10/2019 00:00:00 Finance

The country is struggling with one of the highest levels of inflation at 54%. High inflation levels have affected the way of life, as prices of goods continue to rise, and small businesses struggle to remain afloat... 

Argentina’s Foreign Exchange Reserve Reach Nine-Month Low

Bill Cascade   NEW 21/09/2019 00:00:00 Finance

Argentina’s central bank revealed on Tuesday that the country’s forex reserves have so far dropped to their lowest levels since the end of 2018. The country has been going through an economic crisis that has pushed down the value of the Argentine Peso, thus the heavy reliance on forex reserves...

Yen Finds Stronger Footing After Bank Of Japan Concludes Its Meeting On Thursday

Bill Cascade   NEW 20/09/2019 00:00:00 Finance

The end of this Bank of Japan’s meeting on Thursday had a positive impact on the Japanese Yen’s performance judging by its rally against the US dollar...

RBA Governor Says Australia’s Economy Is Not So Exposed To The Risks Of The China-U.S. Trade War

Bill Cascade   NEW 28/08/2019 00:00:00 Finance

The ongoing trade war between China and the U.S. has been a significant source of concern considering that it is a major reason behind the currently decelerating global economic conditions. A recent statement by Guy Debelle, the current Governor of the Reserve Bank of Australia (RBA) suggests that Australia is cushioned from the effects of the prolonged trade war...

China Plans To Liberalize Interest Rates And What This Means For The Yuan

Bill Cascade   NEW 21/08/2019 00:00:00 Finance

The Chinese government, through the People's Bank of China (PBOC) recently announced that it plans to liberalize its interest rate system possibly before the end of 2019...

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