Zimbabwean currency gains ground against U.S. dollar as forex rate volatility eases

STORY: Zimbabwean currency gains ground against U.S. dollar as forex rate volatility eases DATELINE: July 29, 2023 LENGTH: 00:03:39 LOCATION: Harare CATEGORY: ECONOMY SHOTLIST: 1. STANDUP 1 (English): TAFARA MUGWARA, Xinhua reporter 2. various of people counting currency 3. SOUNDBITE 1 (English): ZVIKOMBORERO SIBANDA, Economic Analyst 4. various of vendors and people on the streets 5. STANDUP 2 (English): TAFARA MUGWARA, Xinhua reporter 6. SOUNDBITE 2 (English): LUCY KUWENGWA, Local resident 7. SOUNDBITE 3 (Shona): SAMUEL PFANI, Street vendor STORYLINE: The Zimbabwean dollar continued to gain ground following government measures aimed at stabilizing foreign exchange rate and curbing a freefall that had resulted in soaring prices. The currency traded at 4,517 Zimbabwean dollars per U.S. dollar on wholesale foreign exchange auction Thursday, up from 6,713 per U.S. dollar recorded on June 16, central bank figures showed. STANDUP 1 (English): TAFARA MUGWARA, Xinhua reporter "The Zimbabwean dollar continues t

ZIMBABWE-CURRENCY-INFLATION

ZIMBABWE-CURRENCY-INFLATION

(230728) -- HARARE, July 28, 2023 (Xinhua) -- A woman counts Zimbabwe dollar notes in central Harare, Zimbabwe, July 22, 2023. The Zimbabwean dollar continued to gain ground following government measures aimed at stabilizing foreign exchange rate and curbing a freefall that had resulted in soaring prices. TO GO WITH "Economic Watch: Zimbabwean currency gains ground against U.S. dollar as forex rate volatility eases" (Xinhua/Tafara Mugwara)

Panel proposes creating 15 tril. yen in demand by stimulus

Panel proposes creating 15 tril. yen in demand by stimulus

TOKYO, Japan - Prime Minister Taro Aso speaks at a meeting of a key government economic panel at the Prime Minister's Office on April 7. The Council on Economic and Fiscal Policy said there is a need for the government to create demand worth up to 15 trillion yen by implementing stimulus measures to prevent Japan's economy from going into freefall.

Pressure on Turkish economy increases as euro falls against USD: expert

STORY: Pressure on Turkish economy increases as euro falls against USD: expert DATELINE: Sept. 16, 2022 LENGTH: 00:01:56 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of dollars 2. various of the expert 3. various of Turkish flag 4. Turkish central bank 5. various of trade and exchanges in Türkiye 6. SOUNDBITE 1 (Turkish): CENK AKYOLDAS, Finance coordinator, Istanbul-based NGO World Trade Business Development Council 7. various of beach in Türkiye 8. SOUNDBITE 2 (Turkish): CENK AKYOLDAS, Finance coordinator, Istanbul-based NGO World Trade Business Development Council STORYLINE: A Turkish expert has said in a recent interview that euro's continuous depreciation against the dollar has increased the pressure on the Turkish economy, foreshadowing new challenges amid the country's already record-high inflation. With energy insecurity and surging inflation hanging over Europe, the euro has been in freefall this year. While the dollar, buoyed by the U.S. federal reserve's consecutive interes

Panel proposes creating 15 tril. yen in demand by stimulus

Panel proposes creating 15 tril. yen in demand by stimulus

TOKYO, Japan - Prime Minister Taro Aso speaks at a meeting of a key government economic panel at the Prime Minister's Office on April 7. The Council on Economic and Fiscal Policy said there is a need for the government to create demand worth up to 15 trillion yen by implementing stimulus measures to prevent Japan's economy from going into freefall. (Kyodo)