Topic
Currency
News & analysis tagged Currency — diplomacy, politics, and global affairs coverage from Model Diplomat.
6 Stories
Dangote Dollar Pivot Breaks Nigeria's Naira-C
Dangote refinery ends naira pricing for fuel, exposing Nigeria's crude supply gap. The shift breaks Tinubu's currency stability policy and threatens inflation as NNPC fails to deliver enough domestic crude.
2026-07-17
BOJ Set for September Hike as Yen 162 Tests
The BOJ is likely to raise rates to 1.25% in September due to yen weakness, impacting global markets and carry trades.
2026-07-09
BOJ Rate Hike to 1% Fails to Strengthen Yen
The Bank of Japan raises rates to 1%, but the yen weakens, revealing a debt crisis that threatens the US Treasury market.
2026-07-09
Naira Weakens to N1,400/$ Amid FX Reform
The naira's decline to N1,400/$ highlights challenges in Nigeria's FX reforms, with implications for monetary policy and inflation.
2026-07-07
Rupee Hits 95.47 Amid Corporate Arbitrage
The Indian rupee closed at 95.47 against the dollar, pressured by corporate arbitrage and forcing the RBI to defend its value with a $100 billion forward book.
2026-07-06
Rupee at 95: Corporate Arbitrage Impact
The rupee's decline to 95.47 is driven by corporate arbitrage exploiting onshore-offshore gaps, challenging RBI's interventions.
2026-07-06