dollar

China is stepping up its efforts to promote the use of its currency, the yuan, in Africa, as part of its de-dollarisation strategy and to boost its economic and political …

The US dollar fluctuated against other major currencies on Tuesday as investors awaited the latest inflation report that could influence the Federal Reserve’s decision on interest rate cuts. The greenback …

The Nigerian currency, the naira, has continued to lose value against the US dollar despite a surge in foreign exchange supply. On Wednesday, the naira closed at N1,035.12 per dollar …

The South African rand started the new year on a sour note, falling sharply against the U.S. dollar on Tuesday.   Based on a report by Reuters, the rand traded …

The US dollar is losing its appeal as the Federal Reserve prepares to slash interest rates in the face of a slowing economy and rising inflation.   The greenback has …

The South African rand gained against the dollar on Tuesday, as global risk appetite improved amid signs that the U.S. Federal Reserve may stop raising interest rates soon. The rand …

Kenya’s shilling has been on a downward spiral for the past two years, losing nearly 25% of its value against the US dollar. This has caused inflation, higher import costs, …

The U.S. dollar gained some ground against the euro on Monday, after falling to its lowest level in almost two months. Investors are waiting for more clues from the Federal …

The dollar has hit a six-week low as new data reveals weaker-than-expected job creation in the United States, raising doubts about further interest rate hikes by the Federal Reserve. The …

The U.S. dollar is on track for its third consecutive monthly gain, buoyed by robust U.S. economic growth figures that suggest interest rates may remain high for an extended period. …