Economy - Currency
  • Rwanda: Wednesday's forex rates for Rwandan franc
    22 october 2014 15:31:19
    Kigali, Rwanda (PANA) - Following are Wednesday's foreign exchange rates for the Rwandan franc: Full text...

  • Rwanda: Tuesday's exchange rates for Rwandan franc
    21 october 2014 11:08:15
    Kigali, Rwanda (PANA) - Following are Tuesday's exchange rates for the Rwandan franc as issued by the National Bank of Rwanda. Full text...

  • Rwanda: Monday's exchange rates for Rwandan franc
    20 october 2014 16:50:07
    Kigali, Rwanda (PANA) - Following are Monday's exchange rates for the Rwandan franc as issued by the National Bank of Rwanda: Full text...

  • Rwanda: Friday's exchange rates for Rwandan franc
    17 october 2014 16:43:25
    Kigali, Rwanda (PANA) - The following are Friday's exchange rates for the Rwandan franc as issued by the National Bank of Rwanda: Full text...

  • Rwanda: Thursday's exchange rates for Rwandan franc
    16 october 2014 22:06:05
    Kigali, Rwanda (PANA) - The following are Thursday's exchange rates for the Rwandan franc, as announced by the National Bank of Rwanda. Full text...

  • Rwanda: Wednesday's forex rates for Rwandan franc
    15 october 2014 15:28:56
    Kigali, Rwanda (PANA) - The following are Wednesday's foreign exchange rates for the Rwandan Franc: Full text...

  • Rwanda: Tuesday's forex rates in Rwanda
    14 october 2014 14:41:50
    Kigali, Rwanda (PANA) - Following are Tuesday's foreign exchange rates for the Rwandan franc. Full text...

  • Rwanda: Monday's forex rates for Rwandan Franc
    13 october 2014 16:58:56
    Kigali, Rwanda (PANA) – Following are Monday’s exchange rates for the Rwandan franc as issued by the National Bank of Rwanda: Full text...

  • Rwanda: Thursday's forex rates for Rwandan Franc
    09 october 2014 17:02:10
    Kigali, Rwanda (PANA) – Following are Thursday’s exchange rates for the Rwandan franc as issued by the National Bank of Rwanda: Full text...

  • Botswana: Pula depreciates against rand
    01 september 2014 13:49:15
    Gaborone, Botswana (PANA) - Botswana’s central bank on Monday reported that the country’s currency depreciated against South Africa’s Rand and US Ddollar during the month of August. Full text...

  • Nigeria: 'Only Nigeria has met convergence criteria for ECOWAS Single Currency'
    16 july 2014 12:39:34
    Lagos, Nigeria (PANA) - Nigeria is the only country to have met the four primary convergence criteria required for attaining the proposed single currency for the 15-member Economic Community of West African States (ECOWAS), according to local media reports Wednesday. Full text...

  • Botswana: Pula depreciates against major trading partners
    02 july 2014 14:07:39
    Gaborone, Botswana (PANA) - Botswana’s currency appreciated against the South Africa rand in June, the country’s central bank said on Monday Full text...

  • Libya: Authorities tighten rules on inflow, outflow of local, foreign currencies
    30 june 2014 13:10:16
    Tripoli, Libya (PANA) - The Central Bank of Libya (BCL) has decided to limit the amount of inflow of foreign currency to US$10,000 and outflow of local currency to 200 dinars. Full text...

  • Zambia: Currency continues to show signs of recovery
    10 june 2014 11:20:50
    Lusaka, Zambia (PANA) - The Zambian currency, Kwacha, showed signs of recovery on Monday and Tuesday, supported by stable dollar inflows and matched demand levels. Full text...

  • Mauritania: Central bank issues new 500 Ouguiya note
    09 june 2014 12:07:09
    Nouakchott, Mauritania (PANA) - The Mauritanian central bank Monday issued a new, 500 Ouguiya note, equivalent to US$1.66. Full text...

  • Zambia: IMF 'concerned' at depreciation of Kwacha
    07 june 2014 17:01:12
    Lusaka, Zambia (PANA) – An International Monetary Fund (IMF) team led by Byung Jang that was in Zambia to review the country’s economic performance says the recent steep depreciation of the local currency, kwacha, is raising inflationary pressures and that expansionary fiscal policy has created large budgetary imbalances. Full text...

  • Zambia: Kwacha’s free fall borders on economic sabotage, opposition claims
    31 may 2014 17:07:36
    Lusaka, Zambia (PANA) – The leader of the opposition United Party for National Development (UPND), Hakainde Hichilema, says the continual slide of the Zambian currency, the Kwacha, is not only an indication of the ruling Patriotic Front government’s failure to run the economy, but it actually borders on economic sabotage. Full text...

  • Rwanda: Wednesday's forex rates for Rwandan Franc
    14 may 2014 17:24:42
    Kigali, Rwanda (PANA) - Following are Wednesday's foreign exchange rates for the Rwandan Franc: Full text...

  • Gambia: Dalasi weakens against US dollar
    13 may 2014 22:18:39
    Banjul, Gambia (PANA) - For the 12 months ending March 2014, the Gambian currency, the Dalasi, depreciated by 12% against the US dollar. Full text...

  • Ghana: Exchange rates for Ghana cedi
    05 may 2014 15:17:47
    Accra, Ghana (PANA) – The following are Monday’s average interbank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers. Full text...

  • Botswana: Currency appreciates against SA Rand
    05 may 2014 13:50:04
    Gaborone, Botswana (PANA) - Botswana’s central bank Monday announced that the country’s currency appreciated against that of its neighbor and major trading partner South Africa in April. Full text...

  • Ghana: Monday's forex rates for cedi
    14 april 2014 14:15:59
    Accra, Ghana (PANA) – The following are Monday’s average inter-bank exchange rates for the Ghana Cedi as announced by the Ghana Association of Bankers. Full text...

  • Nigeria: Forex dealers urged to withdraw 50 pounds in circulation
    27 march 2014 13:23:59
    Lagos, Nigeria (PANA) – The Central Bank of Nigeria (CBN) has directed authorised foreign exchange dealers and the general public to repatriate the stock of UK 50 pounds bill with the portrait of John Houbion in their possession from circulation. Full text...

  • Zambia: Depreciation of Zambian kwacha worries opposition
    20 march 2014 15:02:59
    Lusaka, Zambia (PANA) – The opposition National Restoration Party (NAREP) says the recent rapid depreciation of the local currency, the kwacha, against the major world currencies is both shocking and worrying. Full text...

  • Zambia: How to support Zambia's forex market - Pres. Sata
    17 march 2014 12:50:47
    Lusaka, Zambia (PANA) - As the Zambian national currency, Kwacha, depreciated further on Monday, President Michael Sata has said increased economic activities in the productive sectors, such as mining, should support improved performance of the foreign exchange market. Full text...

  • Zambia: Central bank pumps in US$178 million to salvage Kwacha
    13 march 2014 16:39:09
    Lusaka, Zambia (PANA) – The Bank of Zambia (BOZ) says it pumped US$ 178 million into the foreign exchange market to prevent the steep depreciation of the Kwacha and ensure foreign exchange market's stability. Full text...

  • Gabon: Thursday's exchange rates in Central Africa
    06 march 2014 12:24:14
    Libreville, Gabon (PANA) - The CFA franc of the Bank of Central African States (BEAC) appreciated slight against the US Dollar, according to Thursday's exchange rate issued by by the Libreville-based Bank of Central African States. Full text...

  • Zambia: 'Why Kwacha has depreciated'
    03 march 2014 12:45:51
    Lusaka, Zambia (PANA) - Zambian President Michael Sata has attributed the recent depreciation of the national currency, Kwacha, to a combination of domestic and international market developments. Full text...

  • Rwanda: Friday's forex rates for Rwandan franc
    21 february 2014 20:09:24
    Kigali, Rwanda (PANA) - The following are the latest foreign exchange rates for the Rwandan franc as issued by the Central African Bank on Friday: Full text...

  • Mauritania: Wednesday's exchange rates for Ouguiya
    05 february 2014 12:00:57
    Nouakchott, Mauritania (PANA) - Following are the latest foreign exchange rates for the Mauritanian Ouguiya, as issued by the Mauritania Central bank Wednesday: Full text...

  • Rwanda: Monday's forex rates for Rwandan franc
    03 february 2014 16:57:22
    Kigali, Rwanda (PANA) - Following are Monday's forex rates for the Rwandan franc: Full text...

  • Rwanda: Tuesday's forex rates for Rwandan Franc
    28 january 2014 16:29:26
    Kigali, Rwanda (PANA) - Following are the latest exchange rates for the Rwandan Franc, as issued by the Rwandan central bank Tuesday: Full text...

  • Mauritania: Thursday's forex rates for Ouguiya
    23 january 2014 11:13:12
    Nouakchott, Mauritania (PANA) - Following are Thursday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Gabon: Tuesday's forex rates for CFA Franc
    14 january 2014 13:41:36
    Libreville, Gabon (PANA) - Tuesday's exchange rates for the Central African CFA Franc: Full text...

  • Rwanda: Tuesday's exchange rates in Rwanda
    14 january 2014 08:42:32
    Kigali, Rwanda (PANA) - The Rwandan Franc fell slightly against the US dollar in the latest forex exchange rates bulletin issued here Tuesday. Full text...

  • Gabon: Thursday's forex rates in Central Africa
    09 january 2014 11:49:32
    Libreville, Gabon (PANA) - Following are Thursday's foreign exchange rates for the CFA Franc in Central African States. Full text...

  • Mauritania: Thursday's forex rates for Ouguiya
    09 january 2014 11:09:20
    Nouakchott, Mauritania (PANA) - Following are Thursday's foreign exchange rates for the Mauritanian Ouguiya. Full text...

  • Gambia warns against hoarding of foreign currency
    29 july 2013 15:18:07
    Dakar, Senegal (PANA) – The Gambian presidency has issued a statement warning foreign currency dealers not to hoard the currencies ''as doing so is against the law'' of the country, PANA reports Monday. Full text...

  • ECA wants ECOWAS to fast-track regional integration through common currency
    19 july 2013 17:57:43
    Lagos, Nigeria (PANA) - ECOWAS, modelled after the European Union (EU), has been advised to fast-track the process of a common currency, in order to speed up integration of the organisation, according to Stephen Karinge, Director of Regional Integration and Trade at the Economic Commission for Africa (ECA). Full text...

  • Nigeria’s apex bank moves against currency counterfeiting
    25 june 2013 13:42:05
    Lagos, Nigeria (PANA) - Governor of the Central Bank of Nigeria (CBN) Sanusi Lamido Sanusi has said the bank will intensify its fight against currency counterfeiting in order to maintain the integrity of the nation’s economy. Full text...

  • Monday’s forex rates for Mauritian rupee
    08 april 2013 16:56:19
    Port-Louis, Mauritius (PANA) – Following are Monday's foreign exchange rates for the Mauritian rupee: Full text...

  • Libya launches new currency to mark anti-Kadhafi revolution
    01 february 2013 12:53:43
    Tripoli, Libya (PANA) - The Central Bank of Libya has said it will issue new currency notes on 17 February on the occasion of the celebration of the second anniversary of the revolution that toppled former leader Mouammar Kadhafi. Full text...

  • Exchange rates for Rwandan franc
    22 january 2013 22:42:58
    Kigali, Rwanda (PANA) - The following are the exchange rates for the Rwandan franc on Tuesday as published by the Rwandan Central Bank. Full text...

  • Zambia launches rebased currency
    31 december 2012 15:41:31
    Lusaka, Zambia (PANA) - Zambia’s Finance Minister Alexander Chikwanda Monday launched the re-based Zambian kwacha, which comes into circulation 1 January 2013. Full text...

  • Botswana currency strengthens against SA Rand
    01 november 2012 14:20:14
    Gaborone, Botswana (PANA) - Botswana's national currency, the Pula, strengthened against the South African rand by 2.1 percent, according to Botswana's October financial statistics. Full text...

  • Survey proposes drop in VAT in African Franc zone countries
    29 october 2012 22:04:26
    Paris, France (PANA) – A reduction in the rate of value added tax (VAT) in the franc zone in Africa Full text...

  • President Jammeh cracks down on 'illegal' foreign currency transactions
    22 october 2012 15:00:22
    Banjul, Gambia (PANA) - Gambian leader Yahya Jammeh has launched an operation against dealing in foreign exchange, especially the United States dollar, whose sharp rise has been blamed for the hike in prices of basic commodities. Full text...

  • Nigerian govt suspends currency restructuring, introduction of N5,000 note
    20 september 2012 21:05:56
    Abuija, Nigeria (PANA) - The Nigerian federal government on Thursday night announced the suspension of the restructuring of the nation's currency, the Naira, including the introduction of the controversial N5,000 note by the Central Bank of Nigeria (CBN). Full text...

  • '75% of Nigerians oppose planned 5,000 naira note'
    14 september 2012 13:40:12
    Lagos, Nigeria (PANA) - A survey by the National Bureau of Statistics (NBS) has revealed that 75.1 per cent of Nigerians are opposed to the currency restructuring by the Central Bank of Nigeria (CBN), which will lead to the introduction of the 5,000 note as the country's highest currency denomination and the conversion of lesser bills to coins. Full text...

  • More protests greet planned 5,000 naira note in Nigeria
    11 september 2012 08:44:04
    Lagos, Nigeria (PANA) - The rejection of the plan to introduce the 5,000 note (US$31) as Nigeria's highest currency denomination by a cross section of people in the country has continued to reverberate, as more groups protest the plan. Full text...

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