Tag: black market

Zimbabwe, the land of three prices at least

Millions moving into the system in cash-strapped Zimbabwe this morning to ease shortages of fuel and medicine brought on by the lack of hard currency.

Nigeria’s central bank to sell $100 mln at forward, spot forex auction

Nigeria's central bank said on Tuesday it will sell $100 million at a special wholesale spot.

Nigeria central bank keeps rate on hold, expects forex interventions to stabilise

Nigeria's central bank kept the main interest rate at 14 percent on Tuesday, its governor said, in line with expectations in a Reuters poll.