currency depreciation

Experts Question Ghana VP’s Gold-Backed Currency Pledge

A Ghanaian banking consultant, Richmond Atuahene, has expressed… More…

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‘Spraying’ Naira Notes Causes Depreciation, Warns Nigerian Anti-Graft Body

The Economic and Financial Crimes Commission (EFCC) has issued a… More…

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Volatile Nigerian Currency Rallies 12%, Becomes Best-Performing Currency in April

After months of sustained decline, the Nigerian currency has rallied… More…

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Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency

The Economic Intelligence Unit has stated that the Central Bank of… More…

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Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid Requirement

Authorities in Egypt recently allowed the local currency’s exchange… More…

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Report: Nigerian Currency Plunges to New Low Versus the US Dollar

The official exchange rate of the Nigerian currency versus the U.S.… More…

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Economist Peter Schiff Warns US Dollar Collapse ‘Inevitable’

Economist Peter Schiff has warned of an impending collapse of the … More…

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Study: Six Countries Account for Over 90% of Africa’s Crypto Interest in H1 2023

Between Jan. 1 and July 4, the Nigerian share of Africa’s overall… More…

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