According to the RBI, foreign currency assets, considered the largest component of the foreign exchange reserves, increased by $561 million to $573.12 billion in the week ended February 27. Prime ...

Nigeria's gross external reserves hit $50.45 billion in February 202, the highest in 13 years. CBN Governor Cardoso says it strengthens the country's FX position.

Newsday Zimbabwe RESERVE Bank of Zimbabwe (RBZ) governor John Mushayavanhu has urged fuel dealers to index fuel prices in the local currency citing the introduction of new ZiG denominations.

The Argument Refined, Nobel Prize-winning economist Friedrich Hayek argued for the benefits of a realm of competing, rather than monopoly, national currencies. Mode ...

Discover how trade surpluses and deficits impact a country's currency exchange rate through supply and demand fluctuations.

Senior Business Reporter RESTORING confidence remains the cornerstone of the country’s Monetary Policy framework, while trust in the local currency cannot be legislated, but must be earned through ...

The USD is the abbreviation for the U.S. dollar, America's official currency and a staple in international reserves. Discover ...

The Chinese yuan is soaring and beating the US dollar as the debasement trade gains steam. The USD/CNY exchange rate was trading at 6.8365, its lowest level since April 2023. It has dropped in the ...

The U.S. stock market rose after getting a reminder that the artificial-intelligence technology boom may also have an upside.

U.S. stocks are falling after President Donald Trump took little time to ramp up his newest tariffs, and as investors continue to punish companies seen as potential losers from the ...

The Maya Meme’s initiative follows the development of MayaCat, a digital asset project that the company states operates within a regulated ERC-3643 token standard framework. According to UK Financial ...

Microsoft is investigating an ongoing Exchange Online issue that mistakenly flags legitimate emails as phishing and quarantines them. The incident began on February 5 and continues to affect Exchange ...