Investing in CurrenciesEmerging Currencies Drop, Stocks Gain Ahead of Data-Heavy Week – BNN Bloomberg8 months ago(Bloomberg) -- Developing currencies fell Monday as the dollar strengthened, with Latin America underperforming peers, as investors wait for major...
Investing in CurrenciesEthiopia Frees Its Currency to Attract Investors, Spur Growth – BNN Bloomberg8 months ago(Bloomberg) -- Ethiopia allowed its currency to trade freely in a bid to attract investors as it awaits a bailout...
Investing in CurrenciesAfrican Nations Turn to Gold to Protect Against Currency Losses – BNN Bloomberg8 months ago(Bloomberg) -- African nations are rushing to build their gold reserves to hedge against geopolitical tensions that have battered their...
Investing in CurrenciesZambia Should Hold Off on Dedollarization, Top Lender Says – BNN Bloomberg8 months ago(Bloomberg) -- Zambia should first stabilize its economy and build confidence in its own currency before trying to reduce the...
Investing in CurrenciesKenya’s Riots Send Shilling on Its Longest Slide Since January – BNN Bloomberg8 months ago(Bloomberg) -- Anti-government riots that disrupted Kenya’s economy for the past month and spooked investors are hurting its currency, which...
CurrenciesShould African central banks pursue digital currencies?8 months agoA Central Bank Digital Currency (CBDC) is an electronic form of a country’s official currency. They have recently become a...
Investing in CurrenciesZimbabwe’s Imara Says Push to ZiG Sole Currency Is ‘Startling and Concerning’ – BNN Bloomberg8 months ago(Bloomberg) -- Zimbabwe should restore the trust of its citizens rather than suggest they be forced to abandon the dollar,...
Investing in CurrenciesFintechs Fly Planes of Cash Into Zimbabwe to Meet Demand for Dollars – BNN Bloomberg9 months ago(Bloomberg) -- At least once a month — and sometimes as often as three times a week — a private...
Investing in CurrenciesNigerian Central Bank Dollar Sales Fail to Stem Naira Weakness – BNN Bloomberg9 months ago(Bloomberg) -- Nigeria’s naira extended its losing streak to a fourth day, slipping to the weakest level since March despite...
Investing in CurrenciesZimbabwe Bankers Back Plan to Adopt ZiG as Sole Currency Before 2030 – BNN Bloomberg9 months ago(Bloomberg) -- Zimbabwe’s banks support adopting the ZiG as the nation’s sole currency before the current target date of 2030,...