Zimbabwe’s recent currency shift has quashed a more than 330 per cent surge in the Zimbabwe Stock …
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US dollars
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Africa NewsBanksFeatureMoney
Zimbabwe hopes new ZiG currency to stabilise market
by Aya Anwarby Aya AnwarThe Zimbabwean government introduced a new currency, ZiG, backed by gold reserves and foreign currency to address …
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Nigeria’s central bank governor, Olayemi Cardoso is facing a difficult challenge as he’s about to announce his …
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Egypt NewsFeatureforex newsThe Watch
Egypt’s pound stable against dollar
by Norhan Adelby Norhan AdelEgypt’s pound currency has recorded EGP 30.85 against the U.S. dollar during trading on Thursday.
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Banks
Banque Misr raises $1.020 billion after Egypt pound float – official
by Yomna Yasserby Yomna YasserEgypt’s second biggest bank, state-owned Banque Misr has collected $1.020 billion since Nov 3 local currency flotation …
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forex news
Currency devaluation not to affect Egypt’s imports: minister
by Yomna Yasserby Yomna YasserThe devaluation of the Egyptian pound will not increase the prices of the country’s imports, which are …
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Finding new customers for his fitness and physiotherapy equipment business used to be the main challenge for …
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Politically, Egypt has embarked on a new path. Economically, little is likely to change; the country’s problems …
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Egypt’s Central Bank (CBE) has offered on Thursday US$ 40 million to local banks at its 68th …