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Tag "US Dollar"

‘Why US dollars?’ — Kenyan president urges adoption of local currencies for intra-African trade

    ‘Why US dollars?’ — Kenyan president urges adoption of local currencies for intra-African trade

Kenyan President William Ruto has called on African countries to shift away from using the US dollar for intra-African trade. During his address at the Djibouti parliament on Tuesday, Ruto

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Pound hits 37-year low against dollar after Putin’s military mobilisation threat

    Pound hits 37-year low against dollar after Putin’s military mobilisation threat

The British pound on Wednesday hit a new 37-year low against the US dollar. The pound plummeted to $1.13 — its lowest level since 1985 — before regaining ground. The

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Stop rejecting old dollar notes, CBN warns banks, FX dealers

    Stop rejecting old dollar notes, CBN warns banks, FX dealers

The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMB) and forex (FX) dealers to stop rejecting old series and lower denominations of the United States Dollar (USD).

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Dollar bulls back in action as Gold dips

    Dollar bulls back in action as Gold dips

The dollar jumped to a fresh weekly high against a basket of major currencies on Tuesday amid market optimism over the US federal reserve raising interest rates at least twice in 2018.

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Naira remains stable against international currencies

  Naira remains stable against international currencies

On April 25, 2014, the Naira remained stable against the US Dollar and the British Pound Sterling at the official

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