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South African Reserve Bank to hold repo rate at 8.25% on Nov. 23

South African Reserve Bank to hold repo rate at 8.25% on Nov. 23
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Emerging market currencies to claw back ground in 2024 as dollar fades: Reuters poll

Emerging market currencies will take well into next year to start making noticeable gains against a retreating U.S. dollar, despite a growing view the interest rate cycle has peaked, a Reuters poll of FX strategists showed. After getting battered for most of 2023, emerging market (EM) currencies have made modest gains against the dollar after the Federal Reserve held interest rates steady last week and data suggested the U.S. economy might finally be slowing. However, with most EM central banks expected to follow the Fed and cut rates next year, their respective currencies were unlikely to recoup double-digit losses they have accumulated over the past couple of years. ....

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Emerging market currencies to claw back ground in 2024 as dollar fades

Emerging market currencies will take well into next year to start making noticeable gains against a retreating U.S. dollar, despite a growing view the interest rate cycle has peaked, a Reuters. ....

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Sub-Saharan African economy expected to grow 3.7% next year: Reuters poll

Sub-Saharan African economy expected to grow 3.7% next year: Reuters poll
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Sub-Saharan African economy expected to grow 3.7% next year

The Sub-Saharan African economy is expected to grow 3.7% on average next year despite a worrisome global economic backdrop as falling inflation allows for looser monetary policy, a Reuters poll. ....

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