Currency

The naira recorded a stronger performance in the past week as it closed at N1,446.74 per dollar at the official market, showing a 0.69 per cent rise compared to the …

The United States dollar fell on Tuesday as new economic data — much of it delayed by the recent government shutdown — supported expectations that the Federal Reserve may cut …

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 …