Tag Archives: Foreign exchange reserves
Nigeria’s naira currency eased further against the dollar on the interbank market on Wednesday, to its weakest level since Dec. 29, as demand for the dollar outpaced supply, traders said on Wednesday. The naira was trading at 163.05 to the … read more »
WINDHOEK, Namibia, February 9, 2012/African Press Organization (APO)/ — On February 6, 2012, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Namibia.1 Background The Namibian economy rebounded strongly in 2010 following the mild … read more »
Posted in Documents, IMF
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Tagged Executive director, Foreign exchange reserves, GDP, GROSS DOMESTIC PRODUCT, Indepth Africa, Indepth Africa Magazine, IndepthAfrica, International Monetary Fund, Namibia, South African Reserve Bank, Southern African Customs Union
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ALGIERS, Algeria, January 30, 2012/African Press Organization (APO)/ — On January 11, 2012, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Algeria on a lapse of time basis.1 Background Despite an uncertain international … read more »
Egypt’s central bank has tightened its rules for importers who want to transmit funds, a move analysts say seems designed to close a loophole that has allowed businessmen to shift capital abroad without bringing goods into Egypt. Egypt’s central bank … read more »
Posted in Business, Economy
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Tagged bank, Capital Economics, Central bank, Egypt, Egyptian pound, Federal Reserve System, Foreign exchange reserves, Indepth Africa, Indepth Africa Magazine, IndepthAfrica, London
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September 6, 2011 by benim
China’s yuan will inevitably become a global reserve currency, Nigeria’s central bank governor said on Tuesday, adding that his country’s need to diversify its reserves had grown more urgent after one credit agency stripped the United States of its gold-plated … read more »
Posted in Business, Economy, News, Nigeria, West Africa
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Tagged Beijing, China, Chinese yuan, Foreign exchange reserves, Indepth Africa Magazine, IndepthAfrica, IndepthGhana, IndepthMultimedia, IndepthNigeria, IndepthSouthAfrica, IndepthWorld, Nigeria, Nigeria news, Nigeria online, North Africa, Pan African News, Reserve currency, Southern Africa, United States, West Africa
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One person was killed and several others were injured as demonstrations against the government turned violent across Malawi on Wednesday and police fired tear gas and rubber bullets at protesters, police said. Malawians said they were protesting against persistent fuel … read more »
Posted in East Africa, Malawi, News
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Tagged About Africa, Africa news, African History, African Maps, All Africa, Arab League, Bingu wa Mutharika, Blantyre Malawi, breaking news, Demonstration (people), East Africa, Foreign exchange reserves, IndepthAfrica, IndepthGhana, IndepthMultimedia, IndepthNigeria, IndepthSouthAfrica, IndepthWorld, Malawi, Mzuzu, North Africa, Pan African News, Protest, Southern Africa, West Africa
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His promises of not borrowing from Central Bank, slashing growth in broad money supply down below zero may not be deliverable Inflation ails the Ethiopian economy which undoubtedly is growing in spite of sharp differences over the size of the … read more »
Posted in East Africa, Economy, Ethiopia, News
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Tagged African Maps, All Africa, Arab League, breaking news, Central bank, Doctor of Philosophy, East Africa, Ethiopia, Finance, Foreign exchange reserves, Government, IndepthAfrica, IndepthGhana, IndepthMultimedia, IndepthNigeria, IndepthSouthAfrica, IndepthWorld, International Monetary Fund, Jonathan, Monetary policy, Nigeria, Nigeria news, Nigeria online, North Africa, Pan African News, Southern Africa, West Africa
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South African President Jacob Zuma on Friday added his voice to criticism of the United States for pursuing loose policies that he said are putting the world economy at risk. Speaking at the Boao business forum on the southern Chinese … read more »
Posted in News, South Africa, Southern Africa
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Tagged Africa maps, Africa news, African news, African tribes, breaking news, China, Embassies and Consulates, Foreign exchange reserves, G-20 major economies, Guido Mantega, Indepth Africa Magazine, IndepthAfrica, IndepthNigeria, IndepthWorld, Jacob Zuma, News local news, newspapers, President of South Africa, South Africa, United States, World news
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