S. African rand steady in early trading
The South African rand remained stable in early trading on Tuesday at 18.90 against the U.S. dollar, compared to…
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U.S. dollar
Chinese stocks hold gains, Japan’s Nikkei up
Chinese stocks managed to maintain their weekly gains on Thursday as Beijing implemented a series of measures to…
China’s foreign reserves fall to $3.219 tln in Jan.
China's foreign exchange reserves decreased by $18.66 billion to $3.219 trillion in January, slightly less than the…
Jeweller Pandora eyes organic revenue growth of 6-9% in ’24
Pandora, the world's largest jewellery maker, is targeting organic revenue growth of 6-9 per cent in 2024, citing…
Nigeria devalues currency for 2nd time
Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted…
Nigeria’s naira falls to record low vs U.S. dollar
Nigeria's naira fell to as low as 1,421 against the dollar on the official market on Friday, according to FMDQ…
China’s public offering fund value reaches $3.88 tln
China's public offering funds totalled 27.6 trillion yuan (about $3.88 trillion) by the end of 2023, said the state…
China’s major banks move to support yuan
China's major state-owned banks are tightening liquidity in the offshore foreign exchange market to support the…
Futures fall as U.S. dollar rises to one-month high
The U.S. dollar strengthened after a one-month high as Treasury yields hiked and Asia equities fell after remarks…
Egypt’s net foreign reserves rise to $35.173 bln in November – CBE
Egypt’s net foreign reserves increased by $72 million in November to reach $35.173 billion, up from $35.102 billion…