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Nigeria raises rates again to halt continued inflation rise

By Chijioke Ohuocha and Camillus Eboh ABUJA (Reuters) -Nigeria s central bank raised its main interest rate by another 50 basis points to 18.50% on . ....

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How the U.S. and South Africa Ended Up in a Dispute Over Russian Gunrunning Allegations

Relations between the U.S. and South Africa frayed last week, when U.S. Ambassador Reuben Brigety accused Pretoria of running guns for Russia via a mystery. ....

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S.African rand sets record low, volatility seen ahead

The currency was pummelled this week by investor concerns over the worst power cuts on record followed by a U.S. allegation that a Russian ship had picked up weapons in South Africa in December ....

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S.African rand recovers slightly but stays vulnerable

The South African rand pared losses on Friday after officials said the country had not approved any arms shipment to Russia late last year, but the currency remained vulnerable to a fresh selloff after a turbulent week on domestic markets. ....

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Mexico inflation cools to lowest since Oct 2021, fueling rate cut hopes - Stock market news

MEXICO CITY (Reuters) -Mexican inflation slowed in the first half of April and reached its lowest level in a year and a half, the national statistics agency said on Monday, fueling expectations the central bank may have completed a long cycle of interest rate hikes. | 09:46am ....

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