At the interbank foreign exchange market, the Indian currency opened at 83.70 and inched up to 83.69 before trading at 83.70 ...

A Sussex town took the phrase “keep the pound local” to a whole new level back in September 2008 when it introduced its very own currency: the Lewes pound. The currency was introduced by former Mayor ...

This has diminished demand for the local currency, while increasing demand for the greenback. “The inability of the ZiG to serve as a medium of exchange for these essential services has widened ...

Indian firms are opting for cross-currency swaps to convert part of their rupee debt into dollars in an attempt to trim borrowing costs as US interest rates decline, six bankers told Reuters.

Nigeria’s currency, which has endured a volatile week, fell to a record low on Thursday after dollar liquidity in the ...

A high level of remittance inflow strengthens the forex reserves, which are essential for maintaining the stability of the ...

Emerging-market local-currency stocks and bonds have become increasingly sensitive to moves in the dollar over the past ...

In 2016, the cedi was trading above GH¢4 to the US$1, which many deemed dire to the economy, with the opposition National ...

A Miami man is facing charges after authorities said he teamed up with a California man in a scam to steal and launder over $230 million in cryptocurrency.

Spread This NewsBy Alois Vinga CONFEDERATION of Zimbabwe Industries (CZI) says the US$ shortages on the official market risk undermining the ZiG currency on the back of calls for deeper reforms to ...

Reports have emerged that some commercial banks in the country have begun charging up to US$20 as fees on foreign accounts.

The ZiG, short for Zimbabwe Gold, which started trading at 13.56 at adoption now sells for 26 per dollar on the parallel ...