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