Finance

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Rand stands firm against nationwide immigration protests

South African Rand holds firm at R16.34 despite nationwide migration protests

IMF reaches staff-level agreement with Egypt on funding reviews

The International Monetary Fund (IMF) has reached a staff-level agreement with Egypt on the completion of key programme reviews under its Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF).

IMF approves funding for Togo after positive programme review

The International Monetary Fund (IMF) has approved additional funding for Togo following the completion of the combined third and fourth reviews under the country’s Extended Credit Facility programme.

IMF warns AI-driven cyber risks could threaten financial stability

Artificial intelligence (AI) is rapidly reshaping the global financial system, but a new International Monetary Fund (IMF) report warns that it is also increasing cybersecurity risks in ways that could threaten financial stability, particularly in developing economies.