Foreign Exchange | TRT Afrika

12 results associated with Foreign Exchange are displayed

Egyptian pound breaches 50 to the dollar

Egyptian pound breaches 50 to the dollar

The Egyptian pound weakened to close at 50 to the dollar on Thursday, having breached the 50 pound psychological barrier for the first time since March

Uganda's foreign currency reserves register decline

Uganda's foreign currency reserves register decline

Uganda's foreign exchange reserves declined by 4.3% in the three months to July 2024.

Zimbabwe's ZiG currency faces challenging times

Zimbabwe's ZiG currency faces challenging times

Zimbabwe's new currency, the ZiG, is facing challenging times amid worrying depreciation against the US dollar.

Nigeria to hear Binance money laundering case next week

Nigeria to hear Binance money laundering case next week

A Nigerian judge will hear money laundering case against Binance cryptocurrency firm next week.

Ethiopia signs currency swap deal with UAE

Ethiopia signs currency swap deal with UAE

The governments of Ethiopia and the United Arab Emirates have signed a currency swap deal amid low forex reserves in Ethiopia.

Morocco tourist arrivals increase

Morocco tourist arrivals increase

Morocco registered a considerable increase in the number of tourists between January and June 2024.

Nigeria rejects claims of demanding bribe from Binance

Nigeria rejects claims of demanding bribe from Binance

Nigeria has rejected claims by Binance's chief executive officer that government officials had demanded bribe from the company.

South African rand gains against US dollar

South African rand gains against US dollar

The South African gained against the US dollar on Wednesday.

Nigeria to outlaw foreign exchange in streets

Nigeria to outlaw foreign exchange in streets

The Central Bank of Nigeria has announced that it will soon be illegal to operate a forex bureau in the country's streets.

Nigeria central bank injects $500m to clear forex backlog

Nigeria central bank injects $500m to clear forex backlog

The Central Bank of Nigeria has released some $500 million to help clear a forex backlog.

Zimbabwe tourism thrives in post-Covid recovery

Zimbabwe tourism thrives in post-Covid recovery

Zimbabwe continues to post good tourism results as the country recovers from the Covid-19 pandemic.

Kenya's central bank chief says currency overvalued

Kenya's central bank chief says currency overvalued

The governor of Kenya’s central bank has said that the country’s currency has been overvalued for long.