Argentina and China have formalized the expansion of a currency swap deal, allowing the South American country to increase its depleted foreign currency reserves, the Argentine central bank said on…
The euro climbed back above parity against the dollar for the first time in a month on Wednesday after poor U.S. economic data reinforced speculation that the Federal Reserve will slow its interest…
The U.S dollar climbed to a 20-year high against other major currencies on Monday after Federal Reserve Chair Jerome Powell signalled interest rates would be kept higher for longer to bring down…
The dollar dominance has been a matter of controversy since the last decades of the 1900s. IMF reports show that the Dollar's share in the global foreign exchange reserve fell from 70% in 1999 to 59%…
In one of the first major economic forecasts since the US president waged his tariff war, the IMF has downgraded growth forecasts, much to the chagrin of countries still reeling from past crises
After the euphoria of liberation has worn off, Syrians are now confronted with the daunting task of a country ripped apart by a decade-long war. It will be a long road, but people are hopeful.
Uncle Zezo, Uncle Mickey, and Dr Alloush perform in displacement shelters and hospitals, striving to restore fragments of a joy last felt in 2023. Al Majalla meets them.