Over the past five months, three formerly high-inflation economies — Ghana, Ethiopia, Zambia and Zimbabwe — have returned to ...

What is a dollar shortage? Global trade is conducted in the currencies of the world’s major economic powers, principally the US dollar, the European Union’s euro, the Japanese yen and, to a lesser ...

A strong national currency is more than just the value of its exchange rates; it indicates stability, confidence, and ...

Exchange rates play a pivotal role in the global economy, influencing international trade, investments, and tourism. Understanding how exchange rates work and their impact on various aspects of the ...

Find out the 10 worst-performing currencies in Africa in January 2025. Zambia's kwacha leads the decline, with a 12% YTD loss ...

The CEO and co-founder of neobank Canza Finance claims that utilizing Baki for foreign exchange trades in Africa creates a hub for African businesses to participate in intra-African and FX trades at a ...

Created in September 2023, the joint venture between the world's leading insurer by non-bank assets, Germany's Allianz, and South Africa's number one, Sanlam, is undeniably shaking up the insurance ...

JOHANNESBURG, Jan 28 (Reuters) - The South African rand slipped on Wednesday, as investors awaited interest rate decisions from the United States and Africa's most industrialised economy. At 1524 GMT, ...

A weak exchange rate refers to a situation where a country's currency has depreciated in value relative to other major currencies. It can be influenced by various factors, including market forces, ...