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Naira officially devalued faces decline

March 5, 2021 5:56 am

After months hampered by Covid disruptions, election challenges and currency depreciation, Ghana appears to have turned a corner towards GDP growth, relative exchange rate stability

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Naira at an all-time low faces likely further devaluation

February 26, 2021 6:30 am

Sudan’s huge devaluation should improve remittances and relations In its boldest economic move yet, the military junta that has governed Sudan on a transitional basis

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Rand on a high it hits its 60th anniversary

February 19, 2021 6:24 am

Rand on a high as it celebrates 60 years In an appropriate run-up to the currency’s 60th anniversary this Sunday, the Rand resumed its rally

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New WTO leadership force for Africa trade optimism

February 12, 2021 5:19 am

Ngozi Okonjo-Iweala, Nigeria’s former finance minister and former Managing Director of the World Bank, looks set to become the next Director-General of the World Trade

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Egypt’s stable pound offers lesson in loosening FX restrictions

February 5, 2021 5:59 am

Egypt’s stable pound offers lesson in loosening FX restrictions The Egyptian Pound has been one of the strongest-performing African, and indeed emerging market, currencies since the start of

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CBN sanction threat easing Naira pressure

January 29, 2021 6:03 am

CBN sanction threat easing Naira pressure The Naira held steady against the dollar, trading at levels of 478 in the parallel market, as the Central

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Biden presidency rekindles Africa optimism

January 22, 2021 6:09 am

Biden presidency rekindles Africa optimism Joe Biden’s inauguration brings renewed optimism for Africa, with key appointments and friendlier policies set to strengthen cooperation between the

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Africa FX risk downside amidst 2021 recovery

January 8, 2021 6:13 am

FX risk skewed to downside amidst 2021 recovery With the new year’s trading now in full swing, we reiterate our 2021 outlook for moderate depreciation

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Farmers Driving FX Resilience across Africa

November 27, 2020 6:07 am

How farmers are driving FX resilience IMF projections bunch African tourist hotspots like Mauritius, Seychelles, and Gambia with oil-dependent economies, notably, Nigeria and Angola, as

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Biden rally reversal for Rand amid graft charges; Tanzania election leaves Shilling stronger

November 13, 2020 5:59 am

Biden rally reversal for Rand amid graft charges After soaring to an eight-month high of 15.54 Rand per dollar amid expectations that the Biden presidency

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Home » Archives for Terry Karanja