The Reserve Bank of Malawi (RBM) has announced that it will exempt certain companies from the mandatory conversion of export proceeds under its newly issued repatriation of export proceeds directive. …
BankingEconomyFinanceSouthern AfricaTrade
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foreign exchange reserves
- Banking, Finance & InvestmentEconomyEgyptGOVERNMENTInflationInternational RelationsINVESTMENTUncategorized
Egypt Moves to Raise Dollar Inflows, Support Economy
President Abdel Fattah El-Sisi has given a new directive to the Central Bank of Egypt, asking the regulator to intensify efforts to raise dollar proceeds from within the country while …
- Eastern AfricaEconomyGOVERNMENTTrade and Commerce
Uganda Boosts Foreign Reserves to $4.3bn on Strong Exports
Uganda’s foreign exchange reserves have seen a major increase, jumping from $3.2 billion to $4.3 billion within one year. This rise represents about a 33% growth, giving the East African …