Foreign exchange
Aug
21
2024
Experts Question Ghana VP’s Gold-Backed Currency Pledge
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A Ghanaian banking consultant, Richmond Atuahene, has expressed… More…
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Aug
08
2024
Ethiopia Announces Launch of Forex Auction Sale Days After Birr Float
The National Bank of Ethiopia (NBE) said it will conduct a special… More…
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Aug
07
2024
Group Urges Nigeria to End Naira Float, Reinstate Subsidies
The Nigerian government has been urged to abandon a floating foreign… More…
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Aug
04
2024
Nigeria Acts to Stabilize Currency with Forex Auction
The Central Bank of Nigeria (CBN) will reintroduce a foreign exchange… More…
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Aug
03
2024
Ethiopian Premier Defends Currency Float Decision, Rejects Devaluation Claims
The Ethiopian Prime Minister, Abiy Ahmed, has defended the decision… More…
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Aug
02
2024
Ghana Launches Centralized Online Foreign Exchange Trading Platform
The Bank of Ghana has recently launched a centralized online foreign… More…
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Jul
29
2024
Ethiopia’s Birr Falls 30% After Currency Float; Forex Surrender Requirements Scrapped
Ethiopia’s birr plunged 30% against the dollar after the central… More…
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Jul
26
2024
Zimbabwe Injects $50M in Forex Market to Stabilize Currency
Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ),… More…
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Jul
25
2024
Giesecke+Devrient: Ghana CBDC Nullifies the Need for Multiple Intermediaries in Cross-Border Payments
The recently completed proof of concept by the Bank of Ghana and the… More…
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Jul
20
2024
Nigeria Acts to Defend Naira After Currency Hits New Record Low
The Central Bank of Nigeria recently sold U.S. dollars to Bureaux… More…
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