Forex traders blame fiscal indiscipline, budget overlap as naira volatility worsens
Forex traders have attributed the worsening volatility of the naira at the parallel market to fiscal indiscipline and overlapping budget […]
Currencies
World Bank and Citi launch $98m rand facility to strengthen local currency financing in South Africa.
A new 1.6 billion rand ($98 million) financing arrangement has been introduced by the World Bank Group and Citigroup to
The South African rand and Nigerian naira surge against the dollar
The South African rand and Nigerian naira have been listed among global currencies that recorded solid appreciation against the United
Bank of Ghana’s $1.3bn profit from gold sale could help narrow 2025 losses
The Bank of Ghana (BoG)’s decision to sell more than half of its gold reserves in November & December 2025
BoG cuts policy rate to 14% despite Middle East risks
The Bank of Ghana (BoG) has reduced its Monetary Policy Rate by 150 basis points to 14%, The decision, taken
Ghana’s external reserves rise to $14.5bn as macroeconomic outlook improves – BoG Governor
Ghana’s external reserves have recorded a notable increase, reaching approximately $14.5 billion, according to the Bank of Ghana, providing about
Middle East tensions threaten Ghana’s disinflation progress – BoG
Governor of the Bank of Ghana, Dr. Johnson Asiama, has warned that escalating tensions in the Middle East could threaten
Gov’t to issue long-dated domestic bonds following expiration of DDEP restrictions – Dep Finance Minister
Deputy Minister of Finance, Thomas Nyarko Ampem, has revealed that the government will soon initiate the issuance of long-dated domestic
Zimbabwe rolls out new ZiG banknotes as the central bank pushes to stabilise the economy.
The Reserve Bank of Zimbabwe has unveiled a fresh set of Zimbabwe Gold (ZiG) banknotes in a bid to rebuild
Currencies across Africa are stabilising, yet everyday prices remain dollar-linked.
At the height of its 2024 currency turmoil, Nigeria’s inflation climbed past 30 per cent. Following exchange-rate reforms, the naira