Kenya: CBK Projects Stability in Kenya’s Forex Market
Nairobi — The Central Bank of Kenya (CBK) now projects Kenya's forex market to remain stable despite reducing the lending ...
Tag: Forex
Ethiopia’s Forex Market Reforms: Tumble or Turnaround?
Following the forex reform, the local birr had exchange rate as high as 90.6 birr per US dollar on 02 ...
Nigeria: Naira Gains Slightly At Forex Markets
Naira closed on Thursday at N1,481.49 as against N1,488.60/$1 posted in the previous segment on Wednesday Naira recorded a slight ...
Ghana: Cedi Recorded Gains for a Second Day Amid Crackdown On Illegal Forex Operators
The cedi appreciated for the second consecutive day on Wednesday, largely due to the enforcement of regulations governing the forex ...
Nigeria: May 29 – Fix Forex Crisis, Rising Inflation, Manufacturers, Labour Charge Tinubu
Manufacturers and labour unions across the country have urged the federal government to, as a matter of urgency, address instability ...
Zimbabwe: Suspected Forex Dealer Challenges Prosecution – Argues No One Should Be Arrested for Trying to Survive
A suspected forex dealer, Albert Chekure who was arrested during the ongoing blitz against illegal money changers has challenged his ...
Nigeria: Naira Gains 10 Percent to N1,382/$ After CBN Clears Forex Backlog
Following the clearing of all valid foreign exchange backlogs by the Central Bank of Nigeria (CBN) on Wednesday, and increased ...
Rwanda Moves to Regulate Online Forex Trading
Leveraged foreign exchange trading, commonly known as online forex trading, is now -- for the first time -- regulated in ...
Malawi: To Boost Forex, Chakwera Eyes Establishing 8 Mega Fish Farms
Government says it is establishing eight mega fish farms across the country as one way of boosting the country's forex. ...
Importers Gain, Economy Strains As Forex Crisis Unfolds
The intertwining issues of foreign exchange dynamics, trade practices, and tax collection demonstrate the complexity of the current economic landscape. ...
