currency
Wage Bill To Reduce To 40%
Government is working to reduce the wage bill from the current 51 percent to 40 percent in 2017 in order to invest in...
Mugabe Dragged To Court Over Bond Notes Law
Zimbabwean human rights lawyers asked the High Court on Tuesday to strike down a decree by President Robert Mugabe...
Dollar Hits An 11-Month High
The U. S. dollar hit an 11-month peak on Monday as the risk of faster domestic inflation and wider budget deficits if...
HSBC Gets Approval For RMB-CAD Trade
HSBC China announced on Friday that it has been approved to be one of the first market makers for direct trading of the...
Pound Recovers Ground After US Election
The pound has continued to recover ground following this week's US election result. The news will bring some respite to...
Chaos At Banks Continues After ATMs Reopen
Long queues continue outside banks and several ATMs have run out of cash in India, three days after 500 ($7) and 1,000...
Asia Shares, Emerging Currencies Stumble As Trump Anxiety Deepens
A searing selloff rocked Asian shares and emerging market currencies on Friday as investors feared higher U. S....
Anxious Indians Swap Banned Banknotes
People have queued up outside banks across India to exchange 500 and 1,000 rupee notes after they were withdrawn as...
Election of Trump Wont Destabilize Cedi – Economists
The Institute of Certified Economists of Ghana, has ruled out any likely effect on the performance of the cedi against...
Election of Trump Wont Destabilize Cedi
The Institute of Certified Economists of Ghana, has ruled out any likely effect on the performance of the cedi against...
Exporters Expecting Volatile Forex Rates
Chinese exporters have remained calm after the US presidential election result, saying they had prepared for inevitable...
Shanghai FTZ To Test Yuan Bond Trading
Shanghai’s free trade zone will be the test bed for yuan-denominated bond trading targeting overseas investors this...
India Scraps 500, 1,000 Rupee Currency Notes
Indian Prime Minister Narendra Modi Tuesday announced the existing currency notes of 500 and 1,000 Indian rupees will...
The Robust Botswanas Economy To GhanasFrail
Ever heard of the currency Pula? Well it’s one of the best performing and valuable currencies in Africa from the SADC...
Dollar Shortage Stifles Trade In Newly Floated Egyptian Pound
Egypt's pound avoided the sharp drop that many had feared on its first day as a freely traded currency, but bankers...
How Egypt Currency Crash By 48%
Egypt tried to draw a line under a deep economic crisis Thursday by allowing its currency to float freely. The move saw...
Election Blues To Impact Cedi Minimally – Analyst
The activities of speculators which cause the cedi to depreciate against some major trading currencies may have minimal...
U.S. Stocks, Dollar Fall On FBI Review of Clinton Emails
Wall Street recovered some losses on Friday but still closed lower, with U. S. stocks and the dollar falling after the...
Issuing Local Dollar Bond Must Be Measured- Economist Warns
As the contention between some bankers and the Finance Minister continue over the issuance of local dollar denominated...