China’s Central Bank Mulls Further Yuan Reforms
China appears to be considering further reforms to its foreign exchange market such as reduced state meddling and freer trading ...
Tag: Monetary hegemony
Beijing’s Hand Seen As Yuan Hits Nearly 7-Month High
China's yuan jumped to a near seven-month high Thursday, fuelling speculation that the government was pulling strings to prop up ...
Trade In Other Currencies To Relieve Pressure On Dollar
The Bank of Ghana (BoG) has appealed to importers who trade from other countries apart from the United States to ...
Consensus In G20 That Protectionism ‘damaging’ For Global Economy
The Group of 20 major economies have reached a "broad consensus" that a continued rise in protectionism would be damaging ...
Chinese Yuan Can Offer Cedi Respite
The Association of Ghana Industries (AGI) has called on the Bank of Ghana (BoG) to consider enhancing its yuan trading ...
Salvaging the Sinking Cedi
The economy of Ghana is still developing and the need for export earnings to support national expenditure which is substantially ...
Check Out The 7 Strongest Currencies On the African Continent
To emphasize on the strength of currencies, here is a list of the seven strongest African currencies… Currency is the ...
IMF Urges Nigeria To Lift FX Restrictions, Dump Multiple Exchange Rates
The International Monetary Fund called on Nigeria on Thursday to lift its remaining foreign exchange restrictions and scrap its system ...
Cedi Records Sustained Come-Back Against Dollar
Cedi has finally recorded sustained appreciation against major international currencies including the U. S dollar, which is currently trading at ...
China Dumps U.S. Debt To Prop Up Its Currency
China has lost its crown as the United States' biggest overseas creditor. That title now belongs to Japan. Beijing has ...
Dollar At Nine-Month High On Bets For Fed Hike, Clinton Victory
The dollar hit a nine-month high against a basket of currencies on Monday, buoyed by expectations that the Federal Reserve ...