Dollar
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News Africa
Dollar crashes as Naira gains almost N100 in official and parallel markets
After several days of losses, the naira recovered against the US dollar for the second time in a week. The…
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Finance
3 reasons the dollar can’t be dethroned as the world’s dominant currency,
The dollar’s status as the top currency of central banks and for international trade probably isn’t fading soon, according to…
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Finance
US Dollar Forecast: Bearish Market Signals Emerge – Setups on EUR/USD, GBP/USD
The U.S. dollar, as tracked by the DXY index, retreated sharply this past week, briefly reaching its lowest point since…
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News Africa
Dollar bows as Naira stages remarkable recovery in both official and black markets
On Friday, April 12, 2024, the naira witnessed a significant surge in value on the official market, reaching a trading…
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News Africa
Dollar scarcity hurts business in EA region
The scarcity and volatility of the dollar, high interest rates and access to credit is scaring away investors in the…
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News Africa
Naira depreciates to N780 per dollar
The naira yesterday depreciated at both official and parallel markets, where it exchanged at N780/$ and N950/$ respectively. The local…
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News Africa
Winners and losers as dollar crisis continues to hit economy
While the diminishing supply of dollar has dealt a big blow to people who depend on the foreign currency to…
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News Africa
Tanzanian shilling hits all-time low against dollar
Tanzanians are now forced to dig deeper into their pockets to pay for imports and other foreign products in the…
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Finance
Cedi now world’s best performer – Report
The Ghana cedi has been the world’s best performer against the dollar over the past six months, Bloomberg has reported.…
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Finance
Why can’t we do trade based on our own currencies? – Brazil president wants dollar ‘out’
Brazil’s president Luiz Inácio Lula da Silva has called on developing countries to work towards replacing the US dollar with…
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