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Hot SourceThe US Government has been shut down for 20 days. This is not the first government shutdown; I doubt it will be the last. A shutdown happens when the US government can’t authorise spending. The Appropriations Clause in Article I, Section 9 of the US Constitution mandates that only Congress can draw money from the […]
The post U.S. government shutdown: How it impacts emerging market currencies appeared first on Nairametrics.
Hot SourceNigeria’s long-term Eurobonds faced renewed pressure in October, as global investors showed caution over the country’s fiscal outlook and rising global interest rates. The longer-dated notes—particularly the 7.625% November 2047 and 8.25% September 2051 issues—saw notable price declines before staging a mild recovery towards month-end. Trading data compiled by the Debt Management Office (DMO) and […] The post Nigeria’s Eurobonds: Long-term bond prices slip as investors grow cautious appeared first on Nairametrics.
Hot SourceThe mood among international investors following a recent investor call with Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, was one of palpable disappointment and unease. The post International investors are frustrated with Taiwo Oyedele – Reports appeared first on Nairametrics.
