France’s influence in Africa is weakening, but it hasn’t disappeared. While political ties are fading, its economic grip ...

Frontier markets are well represented in investors’ allocation to USD markets, but not so much in local currencies. Click to ...

A jury has convened in London for an ancient ceremony to certify that British coins meet the strictest of standards ...

Regulations were revised to enable cross border transactions in all foreign currencies - including local currencies of ...

Costly diesel prices remain a concern across Africa, with several countries experiencing high fuel costs due to import ...

Bank of Korea urges active communication to improve currency policy effectiveness Bank of Korea highlights the importance of ...

Finance Minister Nirmala Sitharaman clarified in Lok Sabha that the Reserve Bank of India is not increasing gold reserves to ...

HARARE - The Reserve Bank of Zimbabwe (RBZ) has acknowledged the poor quality of its recently introduced currency, the ...

There’s actually precedent for that. In 2020, the U.K.’s Royal Mint said it would stop producing 2p coins (as well as £2 coins) for a decade because there was an overabundance of them. The coins ...

On the other hand, bank exchange rates for the US dollar are slightly lower than those available on the open market or at currency exchanges. Aside from purchasing and selling of products, monetary ...

For Nigerians planning to travel abroad without worrying about fluctuating exchange rates, there are destinations where the naira holds more value than the local currency. Exchange rates can ...