Japan, Indonesia renew currency swap deal – BOJ
Japan and Indonesia have renewed their Bilateral Swap Arrangement (BSA) effective from October 14, 2024.
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US dollars
China’s foreign reserves dip 0.3% in June
China's foreign exchange reserves reached $3.2224 trillion at the end of June 2024, a slight decrease of 0.3 per…
Mastercard, US banks test tokenised settlement
Mastercard Inc. is teaming up with some of the largest US banks to explore shared-ledger technology, enabling the…
Zimbabwe’s ZiG shfit quashes more than 330% ZSE surge in ’24
Zimbabwe's recent currency shift has quashed a more than 330 per cent surge in the Zimbabwe Stock Exchange (ZSE)…
Zimbabwe hopes new ZiG currency to stabilise market
The Zimbabwean government introduced a new currency, ZiG, backed by gold reserves and foreign currency to address…
CBN’s governor challenged by rate decision
Nigeria’s central bank governor, Olayemi Cardoso is facing a difficult challenge as he’s about to announce his…
Egypt’s pound stable against dollar
Egypt’s pound currency has recorded EGP 30.85 against the U.S. dollar during trading on Thursday.
Banque Misr raises $1.020 billion after Egypt pound float – official
Egypt’s second biggest bank, state-owned Banque Misr has collected $1.020 billion since Nov 3 local currency…
Currency devaluation not to affect Egypt’s imports: minister
The devaluation of the Egyptian pound will not increase the prices of the country’s imports, which are estimated at…
Currency woes hinder Egypt’s economy – FT
Finding new customers for his fitness and physiotherapy equipment business used to be the main challenge for Rawi…
