Nigeria's economy experienced a notable acceleration, marking its most robust growth in three years, primarily fueled by the ...

Nigeria's economy gained pace in the fourth quarter of 2024, growing at its fastest in three years driven mainly by its ...

In 1934, Roosevelt signed a proclamation fixing the official gold price at $35 a troy ounce. His action devalued the dollar ...

We study the distribution of labor income during large devaluations. Across countries, inequality falls after large devaluations within the context of a surge in inflation and a fall and subsequent ...

In this paper we argue that the primary force behind the large drop in real exchange rates that occurs after large devaluations is the slow adjustment in the price of nontradable goods and services.

The use of exchange rate devaluation has recently re-emerged as a stabilization tool to correct macroeconomic imbalances in developing countries, as was the case under the structural adjustment ...

Discover Jumia's Q4 2024 earnings insights: strong marketplace growth, Black Friday success, and strategic market exits.

One of the key reasons Venezuela’s economy is slowly recovering from the worst collapse in modern history is an oil giant ...

Global conditions are more favourable, supporting firmer economic growth in sub-Saharan Africa, financial organisation ...

In the press release that announced the November 2023 devaluation, RBM indicated that they will not stop at the 44% devaluation but will periodically auction the Kwacha against other currencies such ...

A return to the gold standard is nearly impossible but it’s no surprise that countries want to reduce their reliance on the ...

MercadoLibre's execution and growth potential justify holding the stock, with significant room for expansion. Click here to ...