The Reserve Bank is set to introduce 'special coins' in a move meant to ease the problem of small change but analysts have warned of a possible rejection by the public. Read more »
Following the increasing decline in the nation's external reserves, rising demand for foreign exchange occasioned by foreign investors divesting from the country in response to the ... Read more »
Opposition leader for the MDC Renewal, Tendai Biti says the country must adopt the South African rand as the economy will not recover under the current U.S. dollar-dominated, ... Read more »
Residents of East Africa will now be able to travel and use their national currencies in any of the countries within the region. Read more »
The Ghanaian cedi has dropped to a record low on foreign exchange markets, prompting a call from President John Mahama for " fundamental changes" to the country's economy. Read more »
Finance Minister Patrick Chinamasa is at pains to stress that the dreaded national currency won't return soon - but what other option is there? Read more »
A member of the Legislature, Representative Eugene Fallah Kparkar, says the country's dual currency system undermines the economy. Read more »
The Central Bank of Nigeria has banned the importation of all foreign currency, except those with its approval. Read more »
Governor of the Central Bank of Nigeria, Malam Sanusi Lamido Sanusi, has commenced a fresh campaign for the redesigning of the country's currency, to curb the activities of ... Read more »
The increase in circulation of counterfeit currency is undermining the continent's economic growth and development, says Nigeria's Central Bank Governor Lamido Sanusi, who is ... Read more »
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