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Ethiopia Announces Launch of Forex Auction Sale Days After Birr Float

Ethiopia Announces Launch of Forex Auction Sale Days After Birr Float

The central bank said bidding banks will only be provided with a maximum of 20% of the foreign exchange made available at the auction.read more

Zimbabwe to Unveil De-Dollarization Roadmap, Says Government Official

Zimbabwe to Unveil De-Dollarization Roadmap, Says Government Official

De-Dollarization Faltering in Africa Because Citizens Lack Confidence in Their National Currencies

De-Dollarization Faltering in Africa Because Citizens Lack Confidence in Their National Currencies

Nigeria Acts to Stabilize Currency With Forex Auction

Nigeria Acts to Stabilize Currency With Forex Auction

Ethiopia’s Birr Falls 30% After Currency Float; Forex Surrender Requirements Scrapped

Ethiopia’s Birr Falls 30% After Currency Float; Forex Surrender Requirements Scrapped

Zambia De-Dollarization: Central Bank Seeks to Enforce Kwacha as Sole Legal Tender for Domestic Transactions

Zambia De-Dollarization: Central Bank Seeks to Enforce Kwacha as Sole Legal Tender for Domestic Transactions

Zimbabwe Injects $50M in Forex Market to Stabilize Currency

Zimbabwe Injects $50M in Forex Market to Stabilize Currency

Analysts Predict US Dollar Trends Amid Biden's Withdrawal and Trump's Lead

Analysts Predict US Dollar Trends Amid Biden's Withdrawal and Trump's Lead

IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive

IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive

Tanzania Seeks to Shore up Local Currency With Directive Mandating Tourists to Use Shillings

Tanzania Seeks to Shore up Local Currency With Directive Mandating Tourists to Use Shillings

Iran and Russia Sign Academic Cooperation Agreement to Dedollarize Economies

Iran and Russia Sign Academic Cooperation Agreement to Dedollarize Economies

Jack Dorsey Envisions Bitcoin Replacing US Dollar — Foresees BTC Reaching $1 Million

Jack Dorsey Envisions Bitcoin Replacing US Dollar — Foresees BTC Reaching $1 Million

Economist Jim Rickards Discusses US Dollar Decline and Potential $27,000 Gold

Economist Jim Rickards Discusses US Dollar Decline and Potential $27,000 Gold

Nigerian Central Bank Warns Financial Institutions Against Rejecting Old or Lower Denomination US Dollars

Nigerian Central Bank Warns Financial Institutions Against Rejecting Old or Lower Denomination US Dollars

Nigeria’s Naira Rated Worst-Performing Currency in H1 of 2024; Kenyan Shilling Named Best Performer

Nigeria’s Naira Rated Worst-Performing Currency in H1 of 2024; Kenyan Shilling Named Best Performer

Former House Speaker Paul Ryan: Stablecoins Can Help Fight an Upcoming US Debt Crisis and China's Growing Influence

Former House Speaker Paul Ryan: Stablecoins Can Help Fight an Upcoming US Debt Crisis and China's Growing Influence

IMF Data Shows Decline in US Dollar Dominance

IMF Data Shows Decline in US Dollar Dominance

Moscow Exchange Stops Trading in Dollar and Euro Due to US Sanctions

Moscow Exchange Stops Trading in Dollar and Euro Due to US Sanctions

Euro’s Reserve Currency Status Threatened as Its Share of Foreign Reserves Holdings Drops

Euro’s Reserve Currency Status Threatened as Its Share of Foreign Reserves Holdings Drops

Ghana’s Cedi Hits Record Low Against US Dollar Amid Cocoa Output Decline

Ghana’s Cedi Hits Record Low Against US Dollar Amid Cocoa Output Decline

Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million

Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million

IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’

IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’

Former Bitmex CEO Arthur Hayes: A Weak Yen Solution Might Propel Bitcoin to $1 Million

Former Bitmex CEO Arthur Hayes: A Weak Yen Solution Might Propel Bitcoin to $1 Million

Nigerian Currency Slides 5% After Central Bank Injects More Than $80 Million Into Forex Market

Nigerian Currency Slides 5% After Central Bank Injects More Than $80 Million Into Forex Market

Analyst Forecasts BTC to Reach $1 Million in 10 Years, Envisions It as Future Reserve Currency

Analyst Forecasts BTC to Reach $1 Million in 10 Years, Envisions It as Future Reserve Currency

Nigerian Currency Becomes Worst-Performing After Erasing All Early April Gains

Nigerian Currency Becomes Worst-Performing After Erasing All Early April Gains

IMF Official: Countries Are Reevaluating Their Reliance on the US Dollar

IMF Official: Countries Are Reevaluating Their Reliance on the US Dollar

Analyst Heralds Multi-Year Bull Market For Gold: $8,000 per Ounce at Play

Analyst Heralds Multi-Year Bull Market For Gold: $8,000 per Ounce at Play

Warren Buffett Sees No Alternative to US Dollar as Reserve Currency — Berkshire Holding $188 Billion in Cash

Warren Buffett Sees No Alternative to US Dollar as Reserve Currency — Berkshire Holding $188 Billion in Cash

Zambia De-Dollarization: Central Bank Seeks to Enforce Kwacha as Sole Legal Tender for Domestic Transactions

Zambia De-Dollarization: Central Bank Seeks to Enforce Kwacha as Sole Legal Tender for Domestic Transactions

Zimbabwe Injects $50M in Forex Market to Stabilize Currency

Zimbabwe Injects $50M in Forex Market to Stabilize Currency

Analysts Predict US Dollar Trends Amid Biden's Withdrawal and Trump's Lead

Analysts Predict US Dollar Trends Amid Biden's Withdrawal and Trump's Lead

IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive

IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive

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