Category: Currency

  • Fitch affirms SA long-term foreign, local currency debt ratings

    Fitch affirms SA long-term foreign, local currency debt ratings

    [ad_1] According to Fitch, South Africa’s credit rating is constrained by several factors, including low GDP growth, high poverty and inequality levels, a high and rising government debt-to-GDP ratio, and a rigid fiscal structure that hampers budget deficit reduction. In a statement welcoming the decision, the government said the ratings are supported by a favourable…

  • Is This Currency Overvalued? Purchasing Power Parity (PPP) and Long-Term FX Valuation

    Is This Currency Overvalued? Purchasing Power Parity (PPP) and Long-Term FX Valuation

    [ad_1] Productivity metrics. Source: OECD Even with these refined models, institutions know that valuation alone rarely drives short-term moves. They might monitor capital flows and positioning as well, for example: Order flow (net buying/selling pressure) Portfolio inflows/outflows CFTC’s Commitment of Traders (COT) data Central bank interventions Trade balance shifts The magic happens when valuation aligns…

  • Pakistan Launches Trial of National Digital Currency

    Pakistan Launches Trial of National Digital Currency

    [ad_1] The State Bank of Pakistan (SBP) has officially started the trial phase of its central bank digital currency (CBDC), marking a significant step toward modernizing the country’s financial system. The digital currency will allow transactions without cash or even a bank account, expanding financial inclusion for millions of unbanked Pakistanis. Pakistan has long faced…

  • Rising Dollar, Euro, and MLC Rates

    Rising Dollar, Euro, and MLC Rates

    [ad_1] As of September 12, 2025, the U.S. dollar (USD) has surged to 420 Cuban pesos (CUP) in the black market, according to daily tracking by elTOQUE. This marks a four-peso increase from the previous day, reinforcing its status as one of the most sought-after currencies in street transactions. The high exchange rate highlights the…

  • Google AI Overviews For Currency Exchange Rates

    Google AI Overviews For Currency Exchange Rates

    [ad_1] Google may be starting to show AI Overviews when you ask for a currency exchange. I can’t seem to fully replicate this but others are starting to see this. What you’d normally see is this answer box, with the exchange rate calculation between one and the other currency: Here is what Radu Oncescu sees…

  • PM Modi in joint statement

    PM Modi in joint statement

    [ad_1] After launching Unified Payments Interface (UPI) and RuPay in Mauritius last year, Prime Minister Narendra Modi said on Thursday, in a joint statement with Mauritius PM Dr. Navin Ramgoolam in Varanasi, that the trade between the two countries will soon happen in their local currencies. “Last year, UPI and RuPay cards were launched in…