Tag: Currencies
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Burundi’s stakeholders meet to revitalize coffee sector
Burundian Second Vice-President Joseph Butore and Agriculture and Livestock Minister Deo Guide Rurema participated in the meeting held Wednesday.
"One of the...
US dollar performed poorly against major currencies
The U.S. dollar decreased against most major currencies Tuesday as investors were awaiting the closely-watched Federal Reserve statement due out Wednesday.
In...
Minister advise traders to find their own dollars
The move, he said, would also help build the country’s foreign exchange reserves, while helping to maintain a strong local currency against the foreign...
Ghana cedi drops on the currency market
As a result the local currency trimmed 0.45 per cent to settle at GH¢3.85 per dollar.
The local currency also closed in the red...
Kenyan foreign currency depreciation linked to fragile global trade environment
"The currency depreciation seen in 2015 across Africa is very similar to that seen in a number of other frontier and emerging markets,"...
