Exchange Rate & Currency

France Ends Military Presence in Senegal

France Ends Military Presence in Senegal

France on Thursday ended its armed forces' presence in Senegal after the commander of French forces in Africa, General Pascal… Read More

12 hours ago

BoG’s Tight Grip on Interbank Rate Chokes Dollar Supply to Ghanaian Importers

The Ghanaian Cedi has been hailed as one of Africa’s best-performing currencies in 2025, with a steady official rate of… Read More

15 hours ago

CBN Injected $4.1bn Into FX Market in H1 2025 to Defend Naira – Report

The Central Bank of Nigeria (CBN) injected $4.1 billion into the foreign exchange (FX) market in the first half of… Read More

16 hours ago

Naira Rallies to ₦1,518.88/$, Testing the ₦1,500/$ threshold

The Nigerian naira rallied to a four-month high against the US dollar, buoyed by a Central Bank of Nigeria (CBN)… Read More

2 days ago

African Currencies Mid-2025 Performance Against the US Dollar: Key Trends and Insights

The first half of 2025 saw significant appreciation for several African currencies against the US dollar, with Ghana’s cedi topping… Read More

3 days ago

Naira Gains in Black Market, NFEM Rate Falls Amid Rising Dollar

The naira appreciated by N5 in the parallel market on Thursday, closing at N1,545 per dollar, an improvement from N1,550… Read More

7 days ago

Naira Holds Firm Amid Falling Oil Prices: Analysts See Stable FX Outlook for 2025

The Nigerian naira strengthened further last week, appreciating by ₦10.67 to close at ₦1,528.56 per dollar at the official foreign… Read More

1 week ago

Ghana’s Inflation Falls to Three-Year Low as Cedi Strengthens, Fueling Rate Cut Hopes

Ghana’s inflation rate plunged to its lowest level in over three years, driven by a strengthening cedi that is slashing… Read More

2 weeks ago

Naira Gains on Declining Broad Money Supply (M3)

The naira appreciated against the US dollar, with the Central Bank of Nigeria (CBN) reporting a spot rate of N1,529.71… Read More

2 weeks ago

Why the Ghana Cedi is the Best Performing Currency in 2025

The Ghana Cedi (GHS) has been the best-performing currency in Africa and globally in 2025, posting the strongest gain against… Read More

3 weeks ago