Tag: Dollar

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Nigeria’s Buhari tells central bank to allocate more dollars to Emirates

Nigerian President Muhammadu Buhari has directed the central bank to increase the amount of foreign currency allocated to Dubai's Emirates, after the airline suspended...

Dollar slips ahead of U.S. CPI, BOJ’s next governor picked

The dollar fell on Tuesday ahead of a keenly anticipated inflation report, while the yen strengthened as surprise pick Kazuo Ueda was nominated as...

Dollar climbs toward 5-week high as CPI looms; yen slides

The dollar edged toward a five-week high versus major peers on Monday as investors increased bets on the Federal Reserve keeping monetary policy tight...

Stocks gain, dollar slips as earnings, economy drive sentiment

Global equity markets rallied and the dollar slid on Thursday as earnings from Walt Disney, Siemens and AstraZeneca dispelled investor worries about the economy...

Shares rise, dollar wobbles after market sees Powell comments as dovish

Shares globally jumped and most currencies rose against the dollar on Wednesday, as investors discerned a dovish tone in comments from Fed Chair Jerome...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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