The Libyan dinar continued to trade under pressure on Thursday, August 14, 2025, with black market rates showing slight fluctuations across key cities. According to updates from The Libyan Scene …
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Currency MarketEconomyForex TradingNorth Africa
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China-Africa RelationsCurrencyEconomyFinanceFinancial InclusionMarkets
Chinese Yuan Weakens to 7.1405 Against US Dollar
The central parity rate of the Chinese currency, the renminbi (yuan), fell slightly on Monday, weakening by 23 pips to 7.1405 against the United States dollar. The China Foreign Exchange …
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Banking, Finance & InvestmentEgyptNorth AfricaTrade and Commerce
Egypt’s Foreign Assets Rise by $1.5 Billion in One Month – Central Bank Confirms
The Central Bank of Egypt (CBE) has announced that the country’s net foreign assets recorded a sharp increase of over US$1.5 billion in February 2025. This pushed the total to …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesMorocco
Moroccan Dirham edges by 1.6% Against Dollar and Drops 1% Against Euro
The Moroccan dirham appreciated by 1.62% against the US dollar and depreciated by 1.04% against the euro between 20 to 26 October, according to data from the country’s central bank, …
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AfricaBusiness and EconomyNewsNigeriaWestern Africa
Naira hits 620/$ at parallel market as FX demand surges
The naira fell to N620 per dollar yesterday at the parallel market amid the lingering scarcity of the greenback. The figure represents a depreciation of N5 or 0.8 percent from …
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The euro has hit parity with the United States dollar and stock markets fell as the prospect of further central bank tightening and worries about the health of economies worldwide …
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Friday, 10th June 2022: The exchange rate between the naira and the US dollar closed at N421.25/$1 at the Investors and Exporters (I&E) window. Naira recorded a marginal gain against the …
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Naira hit a four month low on Thursday, depreciating 0.30 per cent against the U.S. dollar at the official market. The currency which opened trading at N416.50 closed at N420.00 to …