African payments system PAPSS plans to launch FX market platform this year
A pan-African payments infrastructure provider designed to facilitate trade on the continent is piloting an African currency market platform
A pan-African payments infrastructure provider designed to facilitate trade on the continent is piloting an African currency market platform
Ukraine's international bonds tumbled to their lowest level in more than a month on Monday after the clash between Ukrainian President Volodymyr Zelenskiy and U.S
The debt crisis facing the world's poorest economies is reaching new highs and debt servicing is eating up a growing share of revenues at
Some of the world's smallest economies, especially in Africa, could be at increased risk of being unable to pay their debts in the medium term, even as
Foreign investors are flocking to Turkey's local debt markets, saying they are impressed by interest rate cuts and easing inflation and are
Ukraine is poised to send international bondholders a proposed plan to restructure its $20 billion in debt by early May, two sources familiar with the
The world's biggest bond markets are in the throes of another rout as a new era of higher for longer interest rates takes
International lenders including the European Bank for Reconstruction and Development and the World Bank are backing a 3 billion
Development agencies gathering in Washington this week face one of their toughest battles in years: getting a rich world worried about wars
Pakistan hopes to agree the contours of a new International Monetary Fund loan in May, Finance Minister Muhammad Aurangzeb told Reuters, and has kicked off
Finance chiefs from economies large and small are scrambling to keep pace with the Federal Reserve's rapid resetting of rate-
Incomes in Sub-Saharan Africa are falling further behind the rest of the world amid a "tepid" economic recovery, the
South Africa faces upside risks to its inflation outlook, Central Bank Governor Lesetja Kganyago said, but the latest data has not shown evidence of price
The World Bank's private investment arm expects to finance $1.9 billion in projects in Ukraine over the next 18 months, an official from the organization
Thailand's central bank, under pressure from the government to cut interest rates, could adjust monetary policy if the outlook
Interest rates at major central banks remained static in April as the prospect of higher-for-longer U.S.
Ukraine is pushing to secure a debt restructuring before a two-year payment freeze agreed by holders of its $20 billion of outstanding international bonds
International investors are ramping up exposure to Turkey, focusing on local bonds and Credit Default Swaps (CDS) as monetary policy normalisation is becoming
The prospect of South Africa's first coalition government of the post-apartheid era is likely to keep markets jittery for
Mexican stocks fell over 6% on Monday and the peso closed at its weakest to the dollar since November after the country's ruling party
Formal negotiations between Sri Lankan authorities and international private creditors on over $12 billion in bonds are set to resume
The debt crisis risk that has overshadowed the global economy for four years is beginning to recede, the Paris Club of rich creditor nations
Deadly Kenyan protests that scuppered tax hikes and a failed coup amid fading economic prospects in Bolivia this week are
Argentina's markets rallied on Thursday as investors breathed a sigh of relief after the Senate passed a sprawling bill that is
More than two years into a war that has cost tens of thousands of lives, Ukraine is about to embark on the unprecedented task of
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