2016 was a year of mixed fortunes in the development course of Africa.
The 'Africa Rising' narrative was disturbed in 2016 by a combination of factors. But the continent is still on firm economic development footing.
Dancing with the Balinese dragon.
Despite worries about a new Asian Financial Crisis, much has changed since the last one in 1997. Even if a crisis were to materialise, it would look quite different from that of two decades ago.
The Modi government is getting rid of RS500 and RS1,000 notes to try and combat the black market and corruption.
Business Briefing: Former chief World Bank economist on inequality and doing away with big money
The Conversation 22 Mo (download)
A former chief economist to the World Bank and economic adviser to the Indian government says doing away with big currency notes is a noble idea but an ineffective tool.
Fistful of nothing.
India is engulfed in chaos after Prime Minister Narendra Modi introduced the wrong policy at the wrong time.
The Indian government recently demonetised 86% of its country’s cash – and kicked off a logistical nightmare.
The yuan’s joining of the SDR reserve currency club signifies a new era of international growth for China.
The Chinese government should focus less on promoting the yuan internationally and more on domestic financial reform.
An enormous 8% drop in the pound was recently rectified in a matter of minutes but the 'flash crash' wasn't merely an algorithm issue.
The drop in sterling following Brexit has been as strong as when Germany invaded France in 1940.
A weak pound might be good for exports but it is bad news for the investment that the economy is based on.
A plummeting pound, bonds at an all time low, stocks and commodities in freefall. The UK just spooked the world.
Uncertainty over the outcome of the EU referendum has sent currency markets into overdrive.
The cryptocurrency will soon undergo a major change – and no one knows what will happen next.
Time to make room for a new face.
The announcement that Harriet Tubman will be the first woman on U.S. currency in more than a century recalls the history of female – and African-American – portrayals on money.
The basic art for the new Australian five dollar note, to be released in September, is creating controversy.
Reserve Bank of Australia/AAP
The Reserve Bank of Australia has announced a new five dollar note, to great general derision. The Australian Mint has a proud history of excellent design, so why is this new note so wrong?
The technology that drives Bitcoin enables almost riskless storage and transfer of value and data.
Image sourced from Shutterstock.com
It's just a matter of time before Bitcoin secures legitimacy as a currency.
Australia’s Aboriginal welfare problem of the 60s enabled widespread theft from Indigenous artists – including designs for the one dollar note.
Reserve Bank of Australia.
Australia's original $1 note featured artwork taken without permission from Aboriginal artist, David Malangi. He was later given $1000, a medallion and a fishing kit, but archival evidence sheds new light on the affair.
Global currency markets deliver a tumble for sterling.
Oddly enough, London's mayor will have been cheered to spark a sell-off in the pound when political colleagues barely raised an eyebrow on skittish markets.
South Africa is at risk of being downgraded to junk status as its currency continues to depreciate. The situation is reminiscent of events in 1985 when the economy nearly collapsed.
China wants the yuan to gain the same international standing as the US dollar.
The inclusion of the yuan into the IMF's currency basket shouldn't stop ongoing Chinese financial market reforms.
A change in the scales isn’t likely to put a major dent in the growth in US exports to China.
Yuan dollar via www.shutterstock.com
China's interventions to cheapen its currency relative to others will hurt US imports in the short term, but the country's surging "mainstream" will easily offset the impact.