China appears to be considering further reforms to its foreign exchange market such as reduced state meddling and freer trading of the yuan, but analysts are sceptical about its efforts to relax...
China's yuan jumped to a near seven-month high Thursday, fuelling speculation that the government was pulling strings to prop up the beleaguered currency in response to last week's credit rating...
The Bank of Ghana (BoG) has appealed to importers who trade from other countries apart from the United States to trade in currencies of the country of importation to free the pressure on the dollar....
The Group of 20 major economies have reached a "broad consensus" that a continued rise in protectionism would be damaging to the global economy, German Finance Minister Wolfgang Schaeuble said...
The Association of Ghana Industries (AGI) has called on the Bank of Ghana (BoG) to consider enhancing its yuan trading capacities in order to provide an alternative to the dollar to importers who do...
The economy of Ghana is still developing and the need for export earnings to support national expenditure which is substantially denominated in convertible currency is so overwhelming. The unbridled...
To emphasize on the strength of currencies, here is a list of the seven strongest African currencies… Currency is the unit of exchange of either good or services generally accepted in a country....
The International Monetary Fund called on Nigeria on Thursday to lift its remaining foreign exchange restrictions and scrap its system of multiple exchange rates to revive the country’s...
Cedi has finally recorded sustained appreciation against major international currencies including the U. S dollar, which is currently trading at around GH4.36 on the interbank market. This is the...
China has lost its crown as the United States' biggest overseas creditor. That title now belongs to Japan. Beijing has been dumping U. S. government debt to prop up its currency. China uses the...
The dollar hit a nine-month high against a basket of currencies on Monday, buoyed by expectations that the Federal Reserve will raise U. S. interest rates this year and that Donald Trump will not...
