Temporary Relief for Rand; Low tax revenues to put pressure on Kenyan Shilling
April 14, 2020 7:03 am
Relief for Rand unlikely to sustain After the week’s 4.7% rally from lows against the dollar on optimism of a peak in coronavirus cases in
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Increased Pressure on African Currencies Amidst COVID-19 Chaos
April 6, 2020 6:08 am
Nigeria in lockdown faces bank pressure The Naira tumbled to its weakest level in 5 years in the parallel market at 415 per dollar, widening
No relief for Rand, Naira; Kenya, Uganda intervene to maintain stability
March 30, 2020 6:35 am
Moody’s adds to pain amid world’s toughest lockdown As South Africa began the world’s toughest coronavirus lockdown (no jogging, no dog walking, no alcohol or
Nigeria deploys trillion-Naira bazooka; SA awaits Moody’s verdict: AZA FX Week Ahead
March 23, 2020 5:48 am
Nigeria deploys trillion-Naira bazooka As we predicted here last Monday, the Naira recouped some of its losses and appreciated 1.4% against the dollar for the
Naira recoups losses; East African currencies remain stable amidst COVID-19
March 16, 2020 6:30 am
CBN bares teeth to end Naira spiral; expect further recouping of lossesAssurances from the Central Bank of Nigeria that it is not the verge of
Oil plunge will hurt Naira; Recession pressure for Rand
March 9, 2020 7:07 am
Oil price plunge sets Naira on course for further weakeningToday’s 30% crash in global oil prices sets the Naira on course for further depreciation. The