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Nigeria set for two aggressive interest rate hikes in Q1: Reuters poll

By Vuyani Ndaba JOHANNESBURG (Reuters) - Nigeria is set for two aggressive interest rate hikes within a little over a month to subdue inflation and boost the naira after a couple of missed monetary policy meetings, a Reuters poll found on Friday. A. ....

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S. Africa's budget to consolidate more slowly, rate cuts delayed: Reuters poll

S. Africa's budget to consolidate more slowly, rate cuts delayed: Reuters poll
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S. Africa's budget to consolidate more slowly, rate cuts delayed

South Africa s budget deficit will narrow at a slower pace in coming years than October estimates predicted, put off course by poor mining tax receipts, according to a Reuters poll which also.
-February 15, 2024 at 12:07 am EST
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Emerging market currencies to gain steadily in the near-term

Most emerging market currencies will struggle to recoup this year s losses against the dollar in coming months as expectations for aggressive rate cuts from the U.S. Federal Reserve diminish, a. ....

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Emerging market currencies to gain steadily in the near-term: Reuters poll

Most emerging market currencies will struggle to recoup this year's losses against the dollar in coming months as expectations for aggressive rate cuts from the U.S. Federal Reserve diminish, a Reuters poll of FX strategists found. After ending 2023 on a positive note, the rally in the emerging market currency basket has ran out of steam and was down 1.2% for the year, hurt by higher U.S. Treasury yields. Better than expected U.S. economic data and hawkish comments from Fed policymakers have led investors and markets to roll back on rate cut predictions, pushing the dollar index up 3% in only a few weeks. ....

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