Kategorie: Exchange rate

Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission

According to the International Monetary Fund (Der jüngste Finanzierungsvorschlag zur Hebelung von vorrangigen Wandelanleihen zeigt, dass das Unternehmen weiterhin an die Bitcoin-Mining-Industrie glaubt)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are fueling the naira devaluation speculations. To achieve a unified naira exchange rate, the global lender said Nigeria......

Displaying US Dollar Prices Still Prohibited, Ghanaian Central Bank Tells Actress Lydia Forson

The Bank of Ghana recently warned businesses quoting U.S. dollar prices that the practice is still prohibited and that the cedi remains Ghana’s sole legal tender. The bank said it is working with law enforcement toclamp down on illegal foreign......

Nigerian Central Bank Says It Will Release New Banknotes in December — Naira Falls to New Low

Starting December 15, Nigerians will be using newly-designed 100, 200, 500 and 1,000-naira banknotes, the governor of the Central Bank of Nigeria (CBN) hat gesagt. The announcement has since resulted in the naira’s parallel market exchange rate versus the U.S. dollar......

Forex-Engpässe werden beschuldigt, nachdem die nigerianische Währung gegenüber dem US-Dollar ein neues Tief erreicht hat

A surge in the demand for foreign exchange and the general scarcity of the resource may be the reasons why the naira currency recently slumped to a new all-time low of 735 versus the U.S. Dollar, ein Bericht hat gesagt. One......

Ruble Surges Against Greenback, Ethiopian Birr Exchange Rate Gap Widens; Kiyosaki: The ‘End Is Here’ for Fake Money — Week in Review

Rumors of expanding war, massive inflation destroying peoples purchasing power, and widespread volatility in the world of fiat currencies shaped the news this past week, with similarly dynamic developments in the world of cryptocurrency. Rich Dad Poor Dad author Robert Kiyosaki......

Argentinien läuft inmitten politischer und wirtschaftlicher Unsicherheit zu Stablecoins

Die Bürger Argentiniens sichern ihre Ersparnisse durch die Verwendung von Stablecoins inmitten des jüngsten Klimas der Unsicherheit ab, das durch den Rücktritt bestimmter wichtiger Regierungsmitglieder entstanden ist. Der Wirtschaftsminister des Landes ist am vergangenen Wochenende zurückgetreten, neben anderen Persönlichkeiten, creating......

Prüfbericht: Zahl der afrikanischen Kryptowährungsnutzer um fast gestiegen 2,500%

The number of cryptocurrency users in Africa grew by almost 2,500% between January 2021 and January 2022, while the average number of monthly transactions went up by 1,400%, a new report by Kucoin has said. Widespread Adoption of Cryptocurrencies According to......