Tag: FX

Bond markets to continue posting gains on bullish sentiments: Nigerian money markets

The Central Bank of Nigeria (CBN) sold 363 billion Naira in Thursday’s Open Market Operations (OMO) Auction out of N447 billion subscription. Nifemi Adeniyi – Team lead of liquidity Management at Access Bank joins CNBC Africa for a focus on Nigeria’s fixed income and Forex market.

South Africa's rand hovers near seven-week lows

South Africa's rand traded close to the previous day's seven-week low against the dollar on Thursday, hurt by investor concerns.

South Africa's rand weaker on firm dollar, finmin woes

South Africa's rand weakened against the U.S. dollar in early trade on Tuesday, weighed down by a firm greenback.

OPINION: The CBN – Shoot first think later

"We are therefore surprised by the sudden reversal in policy. The US$ liquidity position of the banks ... has progressively gotten worse."

Zambia IMF programme still likely but timing uncertain

Edgar Lungu said after the Zambian vote that "tough decisions will be made" to support growth and control expenditure.