Currencies

Recent strong macroeconomic data and the desire by investors to hold it are driving the U.S. currency higher.

The drop in the Cedi comes despite Ghana’s central bank's hawkish stance to stamp out inflation.

Amid the surge of the US dollar, an expert has argued that the US dollar is overprinted.

Since the introduction of the Central bank of Nigeria’s (CBN) “Naira4Dollar Scheme” in March 2021, the Naira rate has fallen...

The exchange rate at the parallel market is determined by several powerful forces.

The Ghanaian cedi came under pressure after racking up a whopping loss of 22.44% against the US dollar.

The World Bank has stated that despite the CBN's claim of unifying the official exchange rate the apex bank still...

The CBN Governor, Dr. Godwin Emefiele, has urged operators in the non-oil export industry to provide a dedicated route for...

The dollar found some footing on Thursday morning after an initial pullback despite the Federal Reserve's hike of interest rate...

The exchange rate between the naira and the US dollar closed at N421.25/$1 at the Investors and Exporters (I&E) window.