Recent Posts

European bond sales break $260b in busiest-ever January

  Bloomberg Debt sales in Europe have broken through €240 billion ($260 billion), beating a previous record for January set in 2020. Offerings from the UK and European Union on Tuesday pushed marketwide sales this month to at least €244 billion, with the final tally set to move even higher once final terms are set on Tuesday’s eight offerings, according ...

Read More »

Resurgent rupiah enjoys its best performance in more than two years

Bloomberg The rupiah is enjoying its best performance in more than two years as foreign inflows turbocharge its catch-up with emerging market peers. The Indonesian currency climbed 1.2% against the greenback to 14,895 per dollar on Tuesday, its strongest in four months. It has surged about 4.7% over the last month, Asia’s second-best performer. The return of overseas bond investors ...

Read More »

Nigeria allows cash naira swap to ease adoption of new banknotes

  Bloomberg Nigeria’s central bank will allow citizens to swap old naira notes for redesigned bills to boost adoption and circulation of the new currency before the old bills cease to be legal tender at the end of the month. The central bank of Nigeria in October 2022 announced plans to redesign its highest-value banknotes in a bid to mop ...

Read More »
Send this to a friend