archivesouth africa

Strong currencies are important in boosting economic resilience, attracting investment, and assisting overall growth. A stable currency creates economic stability...

*This content is brought to you by OrbVest In an economic climate characterized by rising interest rates and market volatility,...

HARARE, Zimbabwe (AP) — Out with the Zimbabwe dollar, in with the ZiG.Zimbabwe on Tuesday started circulating a new currency...

At the BRICS (Brazil, Russia, India, China, South Africa) summit last year, the much-anticipated announcement of a common digital currency gave way...

Is this current weakness just another passing episode, as has happened on other occasions since the end of Bretton Woods?...

For a long time, the BRICS countries have been trying to move away from the dollar, but creating a common...

By Vivek Mishra and Vuyani NdabaBENGALURU/JOHANNESBURG (Reuters) - Emerging market currencies won't stage significant recoveries against the dollar in the...

On Tuesday, Nigeria’s central bank announced a supersized 400-basis-point rate hike in the fight against inflation and its depreciating currency....

Yesterday BRICS finance ministers and central bank governors met in Sao Paulo, Brazil. After the meeting, Russia’s Ministry of Finance said they...

But it was in the southern nation of Zambia where BOC established its first African subsidiary, allowing customers to make...