Dollar’s extended reign delivers stark wake-up call for…
The world’s financial markets are encountering a force they didn’t bet on for 2024: A strong dollar is back and…
Browsing Tag
Dollar
Cedi narrows loss to dollar on retail market; one dollar…
The Ghana cedi narrowed its year-to-date loss to the US dollar to about 7.50% on the retail market after making…
Cedi-dollar depreciation for first four months of 2024 nears…
The depreciation of the Ghanaian cedi against the US dollar continues its upward trend on the commercial forex…
Election anxiety makes South Africa dollar bonds the worst…
A slump in South African dollar bonds has made them the biggest laggards in developing markets this year,…
Namibia may tap its trillion dollar oil & gas windfall…
With Namibia’s oil and natural gas exploration program delivering windfall results, the pressure to use this…
Battered Zimbabwe currency falls past 20,000 per dollar in…
In less than two months, the Zimbabwean dollar has breached another significant threshold, dropping below 20,000…
Africa seems to be embracing the Russian currency at the…
Using currencies outside of the dollar for international trade is fast catching on. Russia, and organizations…
Naira loses 69% of its value against dollar since FX reforms
The naira has depreciated against the US dollar by 69.47 percent under the current administration led by President…
NDC dismayed by $12 million dollar expenditure on botched…
The National Democratic Congress has accused the Akufo-Addo/Bawumia government of “causing financial loss” to the…
Nigeria hikes rate on short-term bills to lure dollar…
Nigeria’s central bank hiked the interest rates on short term debt obligations on Wednesday in a bid to mop up…
Gold rush in Dollar Power: Govt seeks investors for…
The Minister for Lands and Natural Resources, Mr Samuel A. Jinapor, has called on investors to partner with the…