Us Dollar | TRT Afrika

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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.

South African rand rebounds against the US Dollar

South African rand rebounds against the US Dollar

In the final quarter of 2023, South Africa's economy grew by 0.1%, while for that year as a whole, growth came in at 0.6%, according to Statistics South Africa.

Nigeria naira hits record low against US dollar on official market

Nigeria naira hits record low against US dollar on official market

Central Bank Governor Olayemi Cardoso recently said the bank was trying to improve liquidity in the foreign exchange market.

Why Kenyan shilling has 'weakened' against US dollar

Why Kenyan shilling has 'weakened' against US dollar

Kenyan President William Ruto has said that the US Federal Reserve's consistent hiking of interest rates has made the Kenyan shilling lose significant value against the foreign currency.