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Reserve Bank of Zimbabwe governor John Mangudya

Zimbabwe Considering Devaluing Quasi-Dollars, Official Says

HARARE - Zimbabwe’s central bank is considering devaluing its quasi-currency as part of a raft of reforms to the nation’s foreign-exchange system, according to...

Downside Risks Remain After Wall Street’s Worst Year Since 2008

Wall Street had a brutal 2022, as surging U.S. inflation has prompted the most aggressive Federal Reserve rate hike campaign in decades, raising fears...

UN Releases USD7 Million to Help People in Mali

On Wednesday, the UN Central Emergency Response Fund released 7 million U.S. dollars for people suffering insecurity in Mali's north, a UN spokesman said. "Humanitarian...

Oil Falls Below US$64 on Saudi Oil Restart Prospects

LONDON - Oil fell below $64 a barrel on Monday, reversing an earlier gain, pressured by the prospect of a faster-than-expected full restart of...

UK Economy Contracts by 0.2% in Q3

The United Kingdom's (UK) gross domestic product (GDP) fell by an estimated 0.2 percent in the third quarter (Q3), the first quarterly contraction since...