Economy

Ugandan, Kenyan and Zambian currencies seen sliding

The Ugandan and Kenyan shillings and Zambia's kwacha are expected to slip in the next week to Thursday, while Nigeria's naira is forecast to...

Nigerian naira hits record black market low of 1,100 per dollar -abokiFx

Nigeria's naira hit a record low of 1,100 per dollar on the black market on Wednesday, online platform abokiFX showed, a day after the...

Dollar stalls as Chinese economy beats expectations

Better-than-expected Chinese growth data on Wednesday boosted Asian currencies, driving the yuan to a one-week high and putting a dampener on the U.S. dollar. A...

Dollar sits at near two-week low; US inflation test looms

The dollar meandered near a two-week low on Thursday ahead of U.S. inflation data that will help shape the Federal Reserve's next policy steps,...

Gold rally loses steam as yields edge up, stocks rebound

Gold prices edged down on Tuesday after clocking a sharp rise in the last session, as risk sentiment improved and bond yields rebounded, while...

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