November 23
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Steady Kenya Shilling Seen Slipping On Growing Dollar Demand
The Star
The shilling held steady against the dollar yesterday but traders said it may weaken in the coming days on growing greenback demand from importers. Kenyan shares were dragged lower... Read more »
November 22
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Fake Currency Dealer Convicted
Daily Observer
The Kanifing Magistrates' Court presided over by Magistrate Dayoh-Smalls Dago on Tuesday convicted one Muhammed Sillah after he was found guilty of being in possession of fake... Read more »
November 20
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Central Bank Intervenes to Rescue Shilling
Daily News
THE Bank of Tanzania has intervened in the money exchange market for almost all of last week to save the shilling from tumbling further due to rising corporate demand. Read more »
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Sudanese Pound Falls Sharply On News of Oil Delay
Sudan Tribune
The Sudanese pound has registered a sharp decline in value against hard currency following news that the resumption of exporting South Sudan's oil via Sudan might be delayed due to... Read more »
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Fake Ghâ¢50 Notes Still in Circulation - BOG Warns
Ghanaian Chronicle
The Bank of Ghana (BoG) has warned there are still fake GH¢ 50 notes in the system despite the recent upgrade. Read more »
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Shilling Opens the Week Stable to the Dollar
The Star
The shilling was steady against the dollar , but traders say it could slip on the back of importers buying the dollars to make purchases for Christmas. Read more »
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Money Market Intervention No Big Deal
Daily News
MUCH as the latest move by the Bank of Tanzania (BoT) to intervene in the money exchange market to save the free-fall of shilling is a right move, it offers nothing tangible to... Read more »
November 19
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The Foreign Exchange Market [editorial]
Daily Observer
Since the Office of the President has lifted the suspension on foreign exchange dealers in the wake of their cooperation with ascribed regulations, we caution that those in the... Read more »
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Ugandan Shilling Falling Further
Independent
Forex experts have expressed worries about the continued depreciation of the Uganda shilling against foreign currencies especially the US dollar, saying that would lead to a spike... Read more »
November 18
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South Sudan Dollar Control Grounds Jetlink Flights
The Star
Operations at local airline Jetlink have been grounded for lack of cash, which it blames on failure to convert into dollars revenue from its ticket sales in South Sudan. Read more »
November 17
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Local Shilling Slides to Six-Month Low
Capital FM
Kenya's shilling is sliding towards its lowest level in more than six months as it comes under pressure from increased dollar demand and rising imports at the end of the year. Read more »
November 16
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Africa's Infrastructure Boom - Will This Time Be Different?
This is Africa
High inflows to Africa's infrastructure sector bode well for growth. But stubborn obstacles - from procurement to currency denomination choices - now need to be tackled. Read more »
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President's Office Warns Against Thwarting Foreign Exchange Market
Daily Observer
Following the declaration of 'Operation no compromise of foreign currency hoarding', the Office of the president has confirmed that the general public and licensed foreign exchange... Read more »
November 15
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Africa Loses Out On Foreign Exchange
TrustMedia
The currency black market has made it as far as Algeria’s national assembly. Read more »
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December 31 to Be Declared Banking Holiday
Times of Zambia
DECEMBER 31 2012, the day before the new Zambian banknotes and coins are rolled out to the public, is to be declared a banking holiday. Read more »
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The Star
The shilling edged up today, helped by the central bank's tightening of liquidity yesterday. Traders however expect the shilling to come under pressure from importer demand... Read more »
November 14
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Shilling At Lowest Rate Against Dollar
Daily News
THE shilling fell below strong support levels to hit a three-month low of 1580.11 yesterday, as the market saw slight increase in demand for US dollars. Read more »
November 13
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Shilling Extends Losses to the Dollar
The Star
The Kenyan shilling extended losses on today as importers bought dollars coupled with an increased supply of shillings, with proceeds from tea auctions expected to boost the local... Read more »
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Naira Depreciates By 0.1 Percent
Vanguard
The Naira, yesterday, fell for a second day as oil companies were said to have refrained from selling dollars in the market. Read more »
November 12
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Independent
The Uganda shilling came under pressure against the US Dollar trading 2600/10 on Friday [Nov. 9] having opened the week at 2575/85. Read more »
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Times of Zambia
THE Bank of Zambia (BoZ) has advised the business community not to panic with their old Kwacha notes because the deadline for the exchange of the old currency will be effected... Read more »
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Shilling Opens the Week Weaker to the Dollar
The Star
The shilling opened the week weaker to the dollar with traders expecting it to be in a tight range this week, as we enter the tourism peak season, and the recent move Read more »
November 11
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Puntland Warns Against False Currency From Southern Somalia
Garowe Online
Authorities in Somalia's Puntland region have warned against the infiltration of markets by false Somali Shillings, Garowe Online reports. Read more »
November 10
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Visa Launches Campaign for Plastic Money
The Star
GLOBAL payments technology company Visa has launched a campaign dubbed 'kick the cash' to promote card usage in daily transactions. Read more »
November 8
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SAnews.gov.za
Cabinet has welcomed the new bank notes, released into circulation by the South African Reserve Bank this week. Read more »
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