FX Shortages, Economy Woes Keep African Currencies Pressured
While emerging-market currencies have broadly benefited from a softer US dollar this quarter, African currencies…
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currencies
Kenya and Nigeria get relief as their national currencies…
From ranking as the world’s worst-performing currencies in 2023, the Kenyan shilling and Nigerian naira have made…
Is the US Dollar losing its grip? The rise of alternative…
For decades, the US dollar has enjoyed unparalleled dominance as the world’s reserve currency, underpinning global…
10 African countries with the weakest currencies in 2024
The drawbacks of a weak currency, particularly in Africa are numerous and pervasive, impacting every aspect of…
Cedi strengthens against major currencies on FX liquidity…
In a recent update, GCB Capital Research sheds light on the resilient performance of the Cedi against major…
The faded “GHS 1 = USD 1” abracadabra magic and the mess in…
The worst-performing currencies in the African region since the beginning of the year 2022, include Ghana with a…
SWIFT sets out blueprint for central bank digital currency…
Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency (CBDC)…
Time for Africa to Print own Currencies
For over 65 years, countries in Africa have strived and succeeded in attaining political Independence than …
Cedi shows resilience against dollar, euro
While the cedi continues to respond positively to measures introduced by the central bank to cushion it from sharp…