The dollar has been sliding and the ripple effect on other currencies has brought a mix of relief and headache to central banks around the world. Uncertainty about U.S. policymaking has led to a ...

The Economist Intelligence Unit (EIU) has projected that the kwacha will weaken gradually although the Malawi Government will ...

In Venezuela, where the annual inflation rate topped 60,000 percent this weekend, the currency has lost so much value that it takes stacks of bills just to buy a roll of toilet paper. The average ...

Bridgewater Associates founder Ray Dalio once said, "Cash is trash," and, "Get out of cash." Evidently, he was concerned about the erosion of the value of the U.S. dollar (USD) and how this could ...

Any attempt made by the CBN to close the gap between the parallel market and the interbank rates would require the apex bank to devalue the naira by a minimum of 25 per cent. The persistent decline of ...

The Libyan central bank devalued the dinar by 13.3 percent, the second such move in five years — Mahmud Turkia Already worn down by years of political turmoil and economic hardships, Libyans are now ...

Bank customers will be anxiously waiting for the outcome of the meeting as it could determine the fate of the economy for at least the next three months In recent weeks, financial experts have called ...

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), on Thursday declared that the era of persistent naira ...