Tag: Foreign Exchange
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Dollar Hits 3-Month High as Traders Reprice Bets on Fed Cuts
Dollar at a Three-Month Peak as Fed Expectations Shift The U.S. dollar held firm near a three-month high on Tuesday, supported by a split in Federal Reserve expectations that cooled near-term rate-cut bets. Traders paused after rallying in recent sessions, weighing the possibility that the central bank will maintain higher-for-longer policy for longer than some…
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Dollar Surges in October as Data Voids Support Hawkish Fed Outlook
Overview: A Quiet Month, Yet a Strong Dollar The U.S. dollar finished October with momentum, posting its second-best monthly performance of 2025 as traders navigated a murky data landscape and a stubbornly high-for-longer Federal Reserve. With fresh economic indicators scarce, markets leaned on expectations about monetary policy and relative stability in other major currencies. The…
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Uganda’s Coffee Exports Surge, Fueling Economic Growth
Uganda’s Coffee Exports Jump 59% in September Uganda is seeing a remarkable rebound in its coffee sector, with exports rising by 59% in September compared with the same month last year, according to the agriculture ministry. The surge reflects a robust harvest, improved market demand, and ongoing efforts to strengthen supply chains from farm gate…
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Uganda’s Coffee Exports Surge: A Boost for the Economy
Overview: A Remarkable Jump in Uganda’s Coffee Exports Uganda’s agricultural sector is buzzing with a rare lift for the economy as official data show a 59% year-on-year rise in coffee exports for September. The surge, reported by the agriculture ministry, reflects a combination of strong global demand and a bumper harvest at home. Coffee has…
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Israeli stock market reacts to historic Trump-Netanyahu peace proposal
What happened in the markets The Israeli market kicked off the shortened trading week with a decisive response to the historic peace proposal announced yesterday by international leaders. The TA-125 surged, insurance stocks led the gains, and bank equities rose as investors weighed the potential for a broader regional détente. In the wake of the…
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Pakistan’s Forex Reserves Increase: September Update
Overview of Pakistan’s Forex Reserves As of September 5, 2023, Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) witnessed a modest increase of $34 million, bringing the total to approximately $14.34 billion. This rise is significant considering the economic challenges the country has faced in recent years. Current Status of Total…
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Pakistan’s SBP Forex Reserves Increased to $14.34 Billion
Overview of Pakistan’s Forex Reserves As of September 5, 2023, the foreign exchange reserves held by the State Bank of Pakistan (SBP) have shown a positive trend, increasing by $34 million to reach $14.336 billion. This significant rise in reserves reflects the ongoing efforts of the central bank to stabilize the country’s economy in a…
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SBP Forex Reserves Increase by $34 Million to $14.34 Billion
Overview of SBP Forex Reserves The State Bank of Pakistan (SBP) announced on Thursday that the country’s foreign exchange reserves have seen a notable increase. As of September 5, 2023, the reserves rose by $34 million, bringing the total to $14.336 billion. This rise is significant as it reflects the financial health and stability of…
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China’s Foreign Exchange Reserves Rise to $3.3 Trillion
China’s Foreign Exchange Reserves Increase As of the end of August, China’s foreign exchange reserves have rebounded to an impressive total of $3.3 trillion. This increase is significant, considering the persistent volatility of global markets and the impact of various economic factors on currency values. The Role of Currency Valuation Several factors contributed to this…