Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Michael Logan is an experienced writer, producer, and editorial leader. As a ...

ASHGABAT -- The Turkmen national currency, the manat, has lost some 10 percent of its value on the black market as citizens scramble to buy what little foreign currency is available. RFE/RL ...

Azerbaijan's central bank adopted a floating rate for the manat currency on Monday, following similar steps by other ex-Soviet countries with economies hit by low oil prices. "The central bank has ...

For thousands of Azerbaijanis like 58-year-old high-school teacher Nargiz, the Azerbaijani national currency’s precipitous plunge on February 21 wiped out more than their savings. It popped a bubble ...

Azerbaijan’s manat plunged to the weakest on record after the central bank relinquished control of its exchange rate, the latest crude producer to abandon a currency peg as oil prices slumped to the ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Another currency peg bites the dust. Azerbaijan has followed Kazakhstan’s lead and abandoned the manat’s dollar ...

Emerging-market currencies have been particularly volatile in 2018. The Brazilian real, the Russian ruble, the Indian rupee and the South African rand have depreciated sharply against the U.S. dollar.