African Politics and Policy

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Tag: dollar

Naira’s Performance Against Dollar in 2019 Weakest in 20 Years

“Nigeria‚Äôs Naira recorded its weakest performance against the United States dollar in two decades, closing the outgone 2019 on an…

Reprieve for Rand as Nation Dodges ‘Junk’ Status Rating

“The rand has made strong gains against the dollar in early trading hours on Monday after avoiding a “junk status”…

Blow For Zimbabwe As South African Banks Pull Dollar Supply Plug

” South African banks which have been the major sources of United States dollars for Zimbabwe since dollarisation 2009 have…

Zimbabwe: Ncube Shuts Door On Dollarisation, Says to Reintroduce Zimdollar

“Finance Minister Mthuli Ncube has put-paid to any hopes of the country adopting the US dollar to tame a revolting…

Kenyan shilling dropping against the US dollar

“The Kenyan shilling Thursday continued its slide against the US dollar, touching a new mean of 103 — the lowest…

De-dollarization: is it an option for Africa?

Well, this is pretty much the question that this article tries to answer: https://www.zerohedge.com/news/2018-06-02/de-dollarization-escalates-african-economy-needs-more-usage-chinese-yuan Thanks to CMP for bringing this…

Use your own

The USA “encouraged Zimbabwe to stop relying on the US dollar and instead introduce its own currency.” http://allafrica.com/stories/201712220388.html You may…

Zim’s dollar may be back

According to this article, the government of Zimbabwe’s considering to go back to the (Zimbabwe) dollar http://allafrica.com/stories/201710280010.html. The currency had…

East Africa’s currencies are stable

“Ugandan, Kenyan and Tanzanian currencies are expected to remain strong against the dollar this week” http://www.theeastafrican.co.ke/business/Regional-currencies-set-to-remain-stable/2560-4114016-cecuxmz/index.html You may also be…

Kenyan shilling gains against US dollar

Kenyan shilling gains against US dollar http://www.theeastafrican.co.ke/business/Kenya-shilling-gains-against-dollar-amid-election-fever-/2560-4092546-tx7l0ez/index.html You may also be interested in: US worried about Kenya US regrets but…

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