Nigeria’s Naira Falls to Record Low After Dollar Liquidity Plunges 72% – BNN Bloomberg
(Bloomberg) -- Nigeria’s local currency fell the most in about two weeks to a record low, after of a steep...
archiveAfrica
Africa’s 10 strongest currencies: 1 is in country Brits love | World | News
8. South African Rand (ZAR)The South African Rand, named after the mineral-rich “Witwatersrand” ridge, was first issued in 1961, replacing...
Ethiopia Plans Tight Monetary Policy Following Currency Reform – BNN Bloomberg
(Bloomberg) -- Ethiopia will keep interest rates high for the rest of the year to combat transitory inflation caused by...
Emerging Currencies Weaken as Traders Gauge China Stimulus Plan – BNN Bloomberg
(Bloomberg) -- Currencies in developing economies mostly weakened to the dollar as China’s new stimulus measures failed to spark a...
Zimbabwe Central Bank Chief Says ZiG 43% Devaluation Is ‘Once-Off’ Event – BNN Bloomberg
(Bloomberg) -- Zimbabwe sought to assure citizens that its gold-backed currency would not suffer another steep devaluation and steps were...
Emerging-Market Currencies Pare Gains as Traders Damp Bets of Jumbo Fed Cut – BNN Bloomberg
(Bloomberg) -- Emerging-market stocks fell for a fourth-straight session as faster-than-anticipated US inflation data led traders to recalibrate bets on...
Asian Currencies Catch Up with Fed Rally, Lead EM Gains – BNN Bloomberg
(Bloomberg) -- Asian currencies gained Monday as they caught up with a rally sparked on Friday by dovish remarks from...
Emerging Currencies Jump to Record High Ahead of Jackson Hole – BNN Bloomberg
(Bloomberg) -- An index of emerging-market currencies climbed to a record high Monday as investor appetite for riskier assets grew...
Longest Rally in 13 Years Takes S. Africa Rand to Best in World – BNN Bloomberg
(Bloomberg) -- South Africa’s rand is on a winning run not seen in 13 years. The ninth consecutive day of gains...
Emerging-Market Currencies Slip After US Retail Sales Beat – BNN Bloomberg
(Bloomberg) -- Developing-nation currencies trimmed weekly gains after data underscoring the resiliency of the US economy cooled bets on an...
