The “dominant currency paradigm” has given devaluations a bad name, ...  because many think Dollar invoicing prevents an export lift post-devaluation...

This week’s Digital Finance Developments considers the recent European Union digital finance policy announcements, highlighting that the overlapping effects of these multi-faceted policy proposals will need to be carefully studied and likely be felt beyond Europe.

President Bola Tinubu took a bold policy stance since assuming office on May 29. Key was the removal of the fuel subsidy and adopting a managed float FX regime. The impact of the two changes will drive inflation but a unified FX is expected to provide medium to longer term macro-economic stability.

The “dominant currency paradigm” has given devaluations a bad name, … feeding a narrative that Dollar invoicing means there’s no boost to exports. E...

While worldwide efforts are being made to shift to renewables and alternative fuels, fossil fuels are still projected to be a major source of energy by the end of the century, accounting for nearly 25% of global supply; Given this continued reliance on fossil fuels, carbon capture and storage (CCS) technologies have a vital role to play in addressing climate change—but are currently projected to fall short of their potential on the path to net-zero.

This note kicks off a series of reports focusing on Egypt, which we plan to release over the coming months. Today’s note will discuss Egypt’s external financing picture for FY23 and FY24.

June's edition of the Digital Finance Download. A monthly update of significant developments in digital finance around the globe.

The “dominant currency paradigm” has given devaluations a bad name, … feeding a narrative that Dollar invoicing means there’s no boost to exports. E...

This week’s Digital Finance Developments explores policymaker efforts to improve the technology for cross-border payments and their visions for future cross-border payments infrastructure.

The strong momentum in climate pledges and climate investment flows in recent years is encouraging… but many publicly listed firms still have business practices that are not aligned with keeping global warming < 2°C.

The policy interest rate hike on June 22 was smaller than market expectation. Output growth appears to remain a key policy priority for Turkish authorities. If lending rates stay below expected inflation, strong credit demand will persist.

The real estate prices will continue to rise in the UAE and Saudi Arabia, albeit at lower pace.

Elevated tensions between the US and China are raising lots of questions. Markets are focused on how much de-globalization and de-risking this is cau...

China's exports are facing strong headwinds of weaker global demand. We expect the whole-year exports to fall, failing to drive economic growth this year.