Lebanon has been in the midst of an economic crisis since 2019, exacerbated by the COVID-19 pandemic. The country’s currency, the Lebanese pound, has lost more than 90% of its value in less than two years. Inflation has skyrocketed, and the poverty rate has surged. The situation has been compounded.

Asian currencies surged on Thursday as the Federal Reserve hinted at a potential pause in its tightening cycle. The Fed had recently raised interest rates, but the market was more focused on the language surrounding future decisions. The Fed suggested that rates are likely to remain higher for longer, but.

Most Asian currencies remained stable on Friday as the US dollar weakened, influenced by a softening labor market, while the focus shifted to a reading on the Federal Reserve’s preferred inflation gauge. This trend was followed despite the fact that the dollar was down 1% over the past three months..

Introduction The US dollar has been in focus in recent months as it has been facing significant pressure due to the ongoing pandemic and other global factors. In this article, we will explore the current state of the US dollar and its outlook for the future. The Current State of.

The Thai Baht fell by 0.2% on Wednesday as the country’s exports continued to decline in February. The decline, however, was at a slower pace than what was expected by analysts. Additionally, the country’s trade deficit shrank significantly from the prior month. Thai officials had expected the country’s exports to.

Introduction Spain’s consumer prices increased by 3.3% YoY in March, the slowest pace since August 2021. The rate of increase was also lower than analysts’ predictions, indicating a decrease in inflation. In this article, we will discuss this development in detail and its implications. Spain’s Inflation Rate in March According.

The Japanese yen remained stable in the wake of Tokyo’s inflation easing slightly less than expected in March, according to recent data. The inflation rate in Tokyo is considered a leading indicator of nationwide inflation, and this reading suggests a similar trend in April. This article provides an analysis of.

Despite the ongoing contraction of South Korean industrial production, other Asian currencies rose slightly on Friday, with the South Korean won up by 0.2% and the Malaysian ringgit adding 0.3%. The won, in particular, advanced even as data showed that South Korean industrial production continued to shrink through February. This.

The US Dollar has been on a downward trend for the past few months, and it seems it may be headed for a second consecutive quarterly loss. The Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% higher at 101.860 in early European trade.

The Egyptian pound has lost ground on the black market again, indicating that the central bank may need to let it slide further. The official value of the currency has halved over the past year, but this has not been enough to stabilize its value on the black market. This.

Introduction Investors worldwide keep a close eye on Asia’s largest economy, China, as it plays a significant role in the global economic landscape. Premier Li Qiang’s recent statement on the improvement in the country’s economy has led to a stable Chinese yuan, while the dollar index and futures have risen.

Introduction The forex market can be quite volatile, and recent movements in the dollar index have caught the attention of investors worldwide. The dollar has risen against most major peers and gained sharply against the yen, which has been particularly volatile as the end of the Japanese fiscal year approaches..