depreciation

Nigerian Currency Plunges After Central Bank Rate Hike

The Nigerian Naira weakened significantly against the U.S. dollar… More…

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IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive

An International Monetary Fund representative has cautioned that… More…

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Nigeria’s Anti-Graft Agency Announces Reward for Whistleblowers Exposing Local Currency Abusers

The Economic and Financial Crimes Commission (EFCC) in Nigeria has… More…

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Embattled Binance Discontinues Nigerian Naira Services — Users Urged to Convert NGN Balances

Binance, one of the leading crypto exchanges, has said it will discontinue… More…

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Report: Zimbabwean Economist Says Portion of Goverment Employees’ Salaries Must Be Paid in Gold Coins

A Zimbabwean economist has said authorities should consider paying… More…

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Turks Turn to Tether Amid Record Inflation, Limited Access to Dollar, Report Reveals

People in Turkey have been seeking refuge in stablecoins as their … More… The post Turks Turn to ...

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XRP Bucks Market Trend as Proponents Remain Optimistic About Lawsuit Outcome

Although the crypto economy has dipped 1.5% in value over the past … More… The post XRP Bucks ...

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Report: Zimbabwe’s Central Bank Says Upcoming Gold-Backed Digital Currency to Help Reduce Demand for US Dollar

The governor of the Zimbabwean central bank, John Mangudya, recently… More…

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Report: Zimbabwe’s Central Bank Says Upcoming Gold-Backed Digital Currency to Help Reduce Demand for US Dollar

The governor of the Zimbabwean central bank, John Mangudya, recently… More…

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Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs

Bitcoin miner, Iris Energy, announced plans to increase the company’s… More…

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