Bloomberg Zimbabwe’s central bank halved its key interest rate to 35%, joining the finance ministry in efforts to revive an economy hobbled by years of mismanagement. The decision reverses a move by the southern African nation’s newly formed Monetary Policy Committee (MPC) in September, which raised the rate from 50%. It follows the unveiling last week of the 2020 budget …

Bloomberg The State Bank of Vietnam, in its latest easing move, cut its interest-rate cap for dong deposits and ordered lenders to lower interest rates to support key business sectors. The limit on interest rates was cut to 5% from 5.5% for dong deposits with maturities of one month to less than 6 months, the central bank said in a …

Bloomberg “Nothing is priced in,” said David Bloom, global head of foreign-exchange strategy at HSBC Holdings Plc, in an interview with Bloomberg Television. “The political outcome will determine the future of the currency.” An election result that paves the way to a UK-European Union deal on Brexit could send the pound up to $1.45 by the end of next year. …