World News by Wild Rose

Sudan's Customs Authority lifted its customs dollar 29.6% on Monday 19 October, so Sudan import duty bills for food, medicine and parts jump in pounds. The post Sudan Import Duty Costs Rise 29.6% appeared first on The Rio Times.

New Zealand inflation likely eased slightly in the third quarter, but the respite is set to be short-lived as a weaker currency and surging oil prices drive an acceleration in the final three months of the year, building the case for rate hikes.

Deutsche Bank AG is betting the Nigerian naira will strengthen against the US dollar as it adds the West African nation to its frontier foreign exchange monitor, a tool it uses to watch currencies in smaller, less liquid markets.

A hotter September CPI print could delay rate cuts and rattle the rand, while a cooler core reading would support a hold at 7.25%. The post South Africa Inflation Test Looms for the Rand and Rates appeared first on The Rio Times.

Indian asset managers are restricting fresh investments into gold products ahead of the key festive season when demand is strong, adding to the nation’s efforts to curb appetite for the precious metal amid a historic slide in the local currency.

The Philippine peso breached the key psychological level of 63 per dollar for the first time, intensifying pressure on the central bank to defend the currency.

Poland’s currency remains at a “strong” level even after weakening in recent months and isn’t a particular point of focus for the central bank, according to policymaker Przemyslaw Litwiniuk.

The rupee gained for a fourth straight session, helped by RBI measures to curb speculative trading, as Finance Minister Nirmala Sitharaman said the currency had depreciated “significantly” over the past 18 months

Billionaire banker Uday Kotak said India should allow its currency to find its own footing, arguing that uncertainty over policymakers’ intentions can keep markets guessing as global capital flows shift.

A country whose economy is expanding faster than those of its peers would typically expect its currency to strengthen. India’s growth has outstripped even that of manufacturing powerhouse China, yet the rupee has weakened every year since 2018.

Uganda’s shilling is bearing the brunt of rising US yields and foreign-investor selling as offshore holders trim their exposure to local-currency bonds.

Democratic Republic of Congo’s central bank will soon require a range of payments to be made in francs instead of dollars — including to mining subcontractors — to strengthen the local currency and encourage domestic investment, Governor Andre Wameso said.

The Reserve Bank of India is broadening its defenses to steady the rupee, taking some of its strongest measures since the 2013 taper tantrum. That may give the currency a boost as trading resumes Monday, but the question remains: how far is the central bank willing to go as external pressures mount?

Venezuela’s bolivar weakened past 1,000 per dollar in the parallel market for the first time, testing authorities’ efforts to contain its slide amid declining government sales of hard currency.

MPs oppose dinar devaluation, citing increased living costs and financial strain on Iraq’s most vulnerable populations.

India’s central bank has put all kinds of support around the rupee, and it’s only just stopping the currency from hitting a record low.

Argentina’s country risk reached its 2026 high on Friday while the blue dollar held at 1,560 pesos. What expats paid in dollars should watch. The post Argentina Country Risk Hits 2026 High, Dollar Holds appeared first on The Rio Times.

Hedge funds rebuilt a short wager against the Japanese yen as the currency remains under pressure.

The New Zealand dollar is poised to cap its longest run of weekly declines since early 2025 as higher oil prices and the risks of a close election weigh on the currency, with market strategists warning of further losses ahead.

The yen surged, erasing earlier losses, after Japan’s currency czar issued another warning about its weakness.

The Malaysian ringgit may be poised for gains as higher oil prices and the artificial-intelligence boom provide tailwinds for the currency, strategists say.

Ghana explained: 34.4 million people, gold exports of US$12.5 billion in six months, inflation down to 5.0 percent and a cedi giving back its 2025 gains. The post Ghana Explained 2026: The Country, the Mahama Government and What to Watch appeared first on The Rio Times.

Yen intervention risk is back in focus with Japan returning from holiday as a two-week long slide in the currency puts it back within reach of the closely watched level of 160 per dollar.

Japanese stocks look poised to catch up with a global AI-led rally when trading resumes on Thursday, while a weaker yen keeps currency intervention risk in focus.

One pointing down and one pointing up.