Currency

By IAfrica
In Article
Jul 7th, 2014
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292 Views
Panganai Kahuni THE question of the local currency has remained in the country’s discourse since the introduction of the multiple currency regime in 2009. The prevailing sentiment in academia and among economists, however, seems to be one against the reintroduction of the Zimbabwe dollar, with the no...
By IndepthAfrica
In News
Aug 28th, 2012
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25 Views
The Senate yesterday faulted the new Central Bank of Nigeria (CBN) currency policy and consequently asked it to stop the plan to introduce the N5,000 note immediately. The Senate also warned that no such policy that has far reaching implication on the people must be embarked on without its knowledge ...
By benim
In Business
Sep 5th, 2011
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21 Views
South Africa’s rand started the week on the back foot against the dollar in early Monday trade, as the euro came under pressure and a bleak outlook for commodity-linked currencies clouded an already dim global growth picture. The rand is expected to come under heavier pressure as the week wears...
By benim
In News
Jul 26th, 2011
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23 Views
Juba – A Southern Sudanese official accused northern Sudan of declaring “economic war” by issuing a new currency just weeks after the south’s independence, a move that could leave the struggling new government with coffers full of useless currency. On Sunday, the Khartoum-base...
By benim
In News
Jul 22nd, 2011
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18 Views
The Sudanese government today announced that the new currency will be officially circulated next Sunday amid tensions with the new state of South Sudan on how to get rid of the old currency. JPEG – 17.8 kb Sudan’s Central Bank Deputy Governor Badr Al-Din Mahmoud holds up the new Sudanese curren...
By benim
In News
Jul 18th, 2011
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31 Views
Juba – South Sudan started rolling out its new currency on Monday – the South Sudan Pound – escalating a point of simmering disagreement with Khartoum after the country split away from the north on July 09. South Sudan became the world’s newest nation after seceding from Sudan...
By benim
In Europe
Dec 24th, 2010
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35 Views
LONDON – The design for an official commemorative coin to mark the engagement of Britain’s Prince William and Kate Middleton was unveiled Thursday, but not everyone might recognize the bride-to-be. The depiction, based on photographs of the couple at a sporting event, bears some resemblan...