India, South Korea equities at record highs with Asian cash surgeInternational Finance Business DeskDecember 10, 2020 by International Finance Business DeskDecember 10, 2020 The region’s currencies are about to deliver best ever quarter, with an anticipated shift in capital flows... Read more
South Africa’s private sector expands slowly in NovemberInternational Finance Business DeskDecember 4, 2020 by International Finance Business DeskDecember 4, 2020 The Purchasing Managers’ Index fell to 50.3 in November from 51 in the previous month... Read more
Execution algorithms may upset forex prices: BISInternational Finance Business DeskNovember 20, 2020 by International Finance Business DeskNovember 20, 2020 Algorithms, also known as algos, are used at an estimated 10 percent to 20 percent of daily global spot trading... Read more
Low dollar demand underpins Kenya’s forex by Sh760 mnInternational Finance Business DeskNovember 12, 2020November 12, 2020 by International Finance Business DeskNovember 12, 2020November 12, 2020 Remittance inflows stood at $260.7 million in September compared to Sh29.7 billion and Sh29.9 billion in the previous two months... Read more
JP Morgan cuts foreign exchange exposure in Latam on US electionInternational Finance Business DeskNovember 5, 2020November 5, 2020 by International Finance Business DeskNovember 5, 2020November 5, 2020 Chile’s peso gained momentum across Latin American currencies earlier this week... Read more
Trading Technologies allows to trade on South Africa’s main bourseInternational Finance Business DeskOctober 23, 2020 by International Finance Business DeskOctober 23, 2020 Its global clientele can access the Johannesburg Stock Exchange for trading equity and currency derivatives... Read more
Turkey’s lira depreciates to an all-time low due to inflamed political tensionsInternational Finance Business DeskOctober 9, 2020 by International Finance Business DeskOctober 9, 2020 The value of lira dropped as much as 0.9 percent to 7.8692 percent, with an extended loss of more than 24 percent... Read more
Nigeria to resume forex sales to the Bureaux de Change operatorsInternational Finance Business DeskOctober 6, 2020 by International Finance Business DeskOctober 6, 2020 The central bank has injected $51.8 million into the foreign exchange market... Read more
Kenya’s forex reserves reach Sh$9.26 billionInternational Finance Business DeskJune 9, 2020June 9, 2020 by International Finance Business DeskJune 9, 2020June 9, 2020 Kenya's local currency has strengthened against regional and international currencies... Read more
IMF lends $739 mn to Kenya; foreign reserve rises 9%International Finance Business DeskMay 20, 2020May 20, 2020 by International Finance Business DeskMay 20, 2020May 20, 2020 The country's usable foreign exchange reserves increased to $8,532 mn as of May 14... Read more