Economy - Currency
  • Nigerian currency appreciates slightly
    02 august 2003 16:21:00
    Lagos- Nigeria (PANA) -- The Nigerian currency, the Naira, appreciated by 0. Full text...

  • Zimbabwe dollar comes under pressure, loses value
    31 july 2003 18:20:00
    Harare- Zimbabwe (PANA) -- The Zimbabwe dollar sharply depreciated against major currencies this week, on the back of strong importer demand and speculative pressure from currency dealers, bankers said on Thursday in Harare. Full text...

  • Nigerian currency appreciates slightly against dollar
    26 july 2003 16:18:00
    Lagos- Nigeria (PANA) -- The Nigerian Naira, appreciated by 69 kobo (0. Full text...

  • Nigerian currency in free fall against greenback
    19 july 2003 18:15:00
    Lagos- Nigeria (PANA) -- The Nigerian currency, the Naira, lost a total of 32 kobo to the US dollar at the two sessions of the official Dutch Auction System (DAS) of foreign exchange allocation held this week, closing at 127. Full text...

  • 42.5 billion in new 10,000-CFA franc notes
    18 july 2003 22:18:00
    Abidjan- Cote d'Ivoire (PANA) -- Some 42. Full text...

  • Central Bank injects funds to ease cash shortage in Zimbabwe
    18 july 2003 17:36:00
    Harare- Zimbabwe (PANA) -- Zimbabwe's Central Bank Friday pumped 12 billion Zimdollars into circulation to ease critical cash shortages in the country. Full text...

  • Nigerian Naira appreciates against US dollar
    13 july 2003 12:36:00
    Lagos- Nigeria (PANA) -- The Nigerian currency, the Naira, gained a cumulative 13 kobo at the two sessions of the Dutch Auction System (DAS) of foreign exchange allocation held last week, closing at 127. Full text...

  • Lack of banks at border town boon for moneychangers
    12 july 2003 19:30:00
    Nairobi- Kenya (PANA) -- A young man suddenly dashes forward with a bundle of notes in his hands, and approaches a potential client. Full text...

  • Zambia's apex bank to introduce high value notes
    02 july 2003 16:52:00
    Lusaka- Zambia (PANA) -- The Bank of Zambia is to introduce new high value notes in the denomination of 20,000 kwacha (four dollars) and 50,000 kwacha (10 dollars) as a way of meeting the public payment demands, the bank's head of public relations, Kabinga Pande, said here on Wednesday. Full text...

  • New 10,000 FCFA banknote goes in circulation
    30 june 2003 18:59:00
    Dakar- Senegal (PANA) -- The Dakar-based Central Bank of West African States (BCEAO) Monday put into circulation a new 10,000 FCFA banknote (about 17. Full text...

  • Nigerian Naira stable against US dollar
    28 june 2003 14:44:00
    Lagos- Nigeria (PANA) -- Nigeria's naira currency remained stable against the US dollar at the last session of the Dutch Auction System (DAS) of the foreign exchange allocation on Wednesday, closing at 127. Full text...

  • Nigerian currency dips against US dollar
    21 june 2003 12:07:00
    Lagos- Nigeria (PANA) -- The Nigerian currency, the Naira, fell against the US dollar at the last session of the Dutch Auction System (DAS) of foreign exchange allocation held this week, closing at 127. Full text...

  • Dollar's slide worries Guinea-Bissau traders
    20 june 2003 12:25:00
    Bissau- Guinea-Bissau (PANA) -- The Association of Guinea-Bissau Traders has expressed serious concern at the fall of the US dollar on the global market and its repercussions on the price of cashew nuts, the country's major export commodity. Full text...

  • Zambian kwacha remains 'range bound' against low demand
    17 june 2003 14:28:00
    Lusaka- Zambia (PANA) -- The Zambian kwacha began trading on Tuesday at between 4,800 and 4,850 units to the US dollar as the Central Bank wholesale dealing window remained closed to the market, against the backdrop of low demand. Full text...

  • Nigerian currency rallies against US dollar
    14 june 2003 15:26:00
    Lagos- Nigeria (PANA) -- The Nigerian currency, the Naira rallied against the dollar at the last session of the Dutch Auction System (DAS) of foreign exchange allocation held this week, closing at 127. Full text...

  • Zambian kwacha plummets under importers' pressure
    10 june 2003 12:49:00
    Lusaka- Zambia (PANA) -- The Zambian kwacha was on Tuesday down by 0. Full text...

  • Inter-bank exchange rates of the cedi
    09 june 2003 20:29:00
    Accra- Ghana (PANA) -- Following are the average inter-bank exchange rates of major currencies against the cedi issued Monday by the Ghana Association of Bankers: Currency Buying Selling US Dollar 8,577. Full text...

  • Nigerian Naira stable against US dollar
    07 june 2003 19:29:00
    Lagos- Nigeria (PANA) -- The Nigerian currency, the Naira, maintained its last week's exchange rate against the dollar at the last session of the Dutch Auction System (DAS) of foreign exchange allocation this week, closing at 127. Full text...

  • Zambian Kwacha fairly stable
    03 june 2003 16:46:00
    Lusaka- Zambia (PANA) -- The Zambian Kwacha remained stable Tuesday exchanging for 4,730 units against the US dollar (bid) and 4,780 (offer), on the foreign exchange market, the same inter-bank rate for last Friday. Full text...

  • Nigerian currency stable against US dollar
    31 may 2003 16:04:00
    Lagos- Nigeria (PANA) -- Nigeria's currency, the Naira, remained stable against the US dollar at the two sessions of the Dutch Auction System (DAS) of foreign exchange allocation held this week, closing at 127. Full text...

  • Nigerian currency depreciates against US dollar
    24 may 2003 16:54:00
    Lagos- Nigeria (PANA) -- The Nigerian currency, the Naira, depreciated against the greenback at the two sessions of the Dutch Auction System (DAS) of foreign exchange allocation held this week, closing at 127. Full text...

  • Kenya's flower exporters rue strong Shilling
    21 may 2003 19:03:00
    Nairobi- Kenya (PANA) -- Flower exporters here suffered huge losses following last week's bullish run of the shilling against the US dollar, Kenya Flower Council (KFC) chairman Erastus Mureithi indicated Wednesday. Full text...

  • Zambian kwacha plunges 20 units
    20 may 2003 17:17:00
    Lusaka- Zambia (PANA) -- The Zambian kwacha was on Tuesday down by 20 units after losing its footing at the Central Bank wholesale dealing window, but market players remained hopeful the local unit would strike an equilibrium before the end of the week. Full text...

  • Ethiopian birr nosedives as US dollar weakens
    19 may 2003 13:19:00
    Addis Ababa- Ethiopia (PANA) -- The weakening US dollar is sending the shivers to small currency markets such as Ethiopia, whose money is pegged to the greenback. Full text...

  • Nigeria contemplates 1,000 Naira note
    19 may 2003 12:24:00
    Lagos- Nigeria (PANA) -- The Central Bank of Nigeria (CBN) is planning to introduce a 1,000 Naira bill as part of ongoing currency reform, the private Punch newspaper reported Monday, quoting bank spokesman Tony Ede. Full text...

  • Nigerian currency rallies against US dollar
    17 may 2003 12:52:00
    Lagos- Nigeria (PANA) -- Nigeria's Naira appreciated against the US dollar at the official Dutch Auction System (DAS) of foreign exchange allocation this week, closing at 127. Full text...

  • Zimbabwe currency plunges as forex crunch worsens
    15 may 2003 21:15:00
    Harare- Zimbabwe (PANA) -- The Zimbabwean dollar plunged to its lowest level against major currencies this week as two government energy companies swooped the market for hard currency for fuel and power imports. Full text...

  • Nigerian currency depreciates against dollar
    11 may 2003 10:03:00
    Lagos- Nigeria (PANA) -- The Nigerian currency, the Naira depreciated against the dollar at the last session of the Dutch Auction System (DAS) of foreign exchange allocation held this week, closing at 127. Full text...

  • Senior West African bankers call for monetary union
    07 may 2003 20:49:00
    Banjul- Gambia (PANA) -- Central Bank governors from the West African Monetary Zone (WAMZ) meeting here on Wednesday called for more efforts towards a single currency in West Africa. Full text...

  • Nigerian Naira rallies against US dollar
    04 may 2003 15:42:00
    Lagos- Nigeria (PANA) -- Nigeria's currency, the Naira, rallied at the last session of the Dutch Auction System (DAS) of foreign exchange allocation held last week, closing at 127. Full text...

  • Zambian Kwacha in slight post-Easter gain
    23 april 2003 12:53:00
    Lusaka- Zambia (PANA) -- The Zambian Kwacha Wednesday recorded a slight gain on the US dollar after the Easter holiday, trading at between 4,800 units (bid) and 4,850 units (offer) to the greenback. Full text...

  • Tight monetary policy keeps South African currency strong
    22 april 2003 12:29:00
    Johannesburg- South Africa (PANA) -- Tight monetary policy is believed to be keeping strong the South Africa rand, which on Tuesday was trading at 7. Full text...

  • Franc Zone finance minister push for solidarity
    09 april 2003 17:55:00
    Niamey- Niger (PANA) -- Franc Zone finance ministers wound up a meeting here Wednesday stressing "the need to enhance solidarity with a view to fostering monetary stability in the zone". Full text...

  • Niger Minister rules out CFA franc devaluation
    09 april 2003 11:56:00
    Niamey- Niger (PANA) -- Niger's Finance and Economy Minister Ali Badjo Gamatie has ruled out any devaluation of the CFA franc, saying the issue will not feature at the ongoing meeting in Niamey of Finance Ministers of the CFA franc zone countries. Full text...

  • President Tanja opens Franc zone ministerial meeting
    08 april 2003 23:13:00
    Niamey- Niger (PANA) -- President Mamadou Tandja of Niger on Tuesday urged finance ministers attending the two-day Franc zone conference here to give priority to partnership in their discussions on economic reforms. Full text...

  • FCFA devaluation not up for discussion at Niamey meeting
    08 april 2003 21:34:00
    Niamey- Niger (PANA) -- Finance minister Ali Badjo Gamatié has ruled out any possibility to devalue the CFA franc, saying the issue would not be discussed at the meeting of finance ministers from the franc zone member countries that opened here Tuesday. Full text...

  • Nigerian currency depreciates against dollar
    05 april 2003 11:26:00
    Lagos- Nigeria (PANA) -- The Nigerian currency, the Naira depreciated against the US dollar at the two sessions of the Dutch Action System (DAS) of foreign exchange allocation this week, closing at 127. Full text...

  • Gambian police arrest illegal currency dealers
    30 march 2003 15:25:00
    Banjul- Gambia (PANA) -- Gambian police at the weekend arrested scores of people, mainly Guineans suspected of illegal currency dealing in the country's city of Serre Kunda. Full text...

  • Tunisia registers 62-percent growth in currency reserves
    30 march 2003 14:41:00
    Tunis- Tunisia (PANA) -- Tunisia's foreign currency reserves grew by 62. Full text...

  • Nigerian currency stays stable against the dollar
    08 march 2003 20:29:00
    Lagos- Nigeria (PANA) -- The Nigerian currency, the Naira remained stable against the US dollar at the two sessions of the Dutch Auction System (DAS) of foreign exchange allocation held during the week, remaining at 127. Full text...

  • Depreciation of dalasi causes hardship in Gambia
    07 march 2003 07:57:00
    Banjul- Gambia (PANA) -- The Gambian currency, the dalasi, has drastically depreciated against major foreign currencies, prompting the government to bargain for common exchange rates for the "free-falling dalasi" for those currencies. Full text...

  • Swazi businesses reject South African currency coins
    06 march 2003 08:23:00
    Mbabane- Swaziland (PANA) -- Though the Rand is legal tender in Swaziland, shopping outlets in the landlocked country are these days refusing South African coins in business transactions, claiming that most of them were fake. Full text...

  • Nigerian currency appreciates against the dollar
    02 march 2003 15:17:00
    Lagos- Nigeria (PANA) -- The Nigerian currency, the Naira appreciated against the US dollar at the last session of the official Dutch Auction System (DAS) of foreign exchange allocation held last week, closing at 127. Full text...

  • Zambian currency retraces steps from deep depreciation
    26 february 2003 12:52:00
    Lusaka- Zambia (PANA) -- Zambia's kwacha currency emerged Wednesday much firmer than last week even though its exchange rate still dangled between 4,950 and 5,050 units to the US dollar on the corporate market. Full text...

  • South African firm denies giving Zimbabwe foreign exchange loan
    22 february 2003 19:31:00
    Johannesburg- South Africa (PANA) -- South African mining giant, Anglo American Plc has dismissed as "erroneous" reports that it loaned foreign currency to the beleaguered Zimbabwe government to enable it to buy fuel. Full text...

  • Nigerian Naira continues slide against US dollar
    22 february 2003 15:30:00
    Lagos- Nigeria (PANA) -- The Nigerian Naira continued its slide against the US dollar at the official Dutch Auction System (DAS) of foreign exchange allocation this week, closing at 127. Full text...

  • Zambian kwacha currency continues to depreciate
    19 february 2003 23:43:00
    Lusaka- Zambia (PANA) -- The Zambian foreign exchange market was on Wednesday speculating on unconfirmed reports that the Central Bank was on the verge of intervening on behalf of the kwacha which on Monday had depreciated by a further 21 units from Friday's closing level. Full text...

  • Inter-bank exchange rates of Ghana's cedi currency
    17 february 2003 19:46:00
    Accra- Ghana (PANA) -- Here are the average inter-bank exchange rates of major currencies against the cedi on Monday: Currency Buying Selling Pound Sterling 13,504. Full text...

  • Zambian kwacha falls further by 15 units
    15 february 2003 15:32:00
    Lusaka- Zambia (PANA) -- The Zambian kwacha plummeted by 15 units Saturday as most business houses drew curtains on their trade activities for the weekend. Full text...

  • West African common currency coming out July 2005
    14 february 2003 19:47:00
    Banjul- Gambia (PANA) -- Preparations were at an advanced stage for the introduction of the West African common currency, the Eco, by 1 July 2005, the director general of the West African Monetary Institute (WAMI), Dr M. Full text...

parcours parcours [9] [10] [11] [12] [13] [14] [15] [16] [17] parcours parcours


xhtml CSS