The United States dollar weakened on Wednesday, losing ground against major global currencies as financial markets priced in a possible interest rate cut by the Federal Reserve. The decline comes …
The Chairman of BUA Group, Abdul Samad Rabiu, has expressed optimism that the naira will appreciate further in the coming months, predicting that the exchange rate could strengthen to between …
The Nigerian naira lost a little ground in the official foreign exchange market on Monday, slipping from N1,535.03 to N1,536.42 per dollar. The minor drop, according to market analysts, was …
The Government of Malawi says it will maintain a fixed exchange rate in the short term despite pressure to adopt a unified market rate. Authorities believe keeping the rate stable …
The South African rand gained further ground on Wednesday, helped by a weaker U.S. dollar and positive local economic data showing improved business confidence and retail sales growth. By mid-afternoon, …
The Reserve Bank of Zimbabwe (RBZ) says it is confident the country will be ready to fully move from its current multicurrency system to using only the local currency by …
The Central Bank of Nigeria (CBN) has told Nigerians to treat the naira with more respect, saying it is one of the strongest currencies in the world when judged by …
The South African rand eased slightly in early trading on Thursday, pausing after two straight sessions of gains driven by a softer U.S. dollar. At 06:41 GMT, the rand was …
The United States dollar fell on Wednesday, August 13, 2025, as new economic data pushed more investors to believe that the U.S. Federal Reserve will cut interest rates in September. …
The South African rand remained stable in early trading on Tuesday as investors awaited key domestic economic data. At 6:18 a.m. GMT, the rand was trading at 17.74 to the …