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Exchange rate

Exchange rate Archive

Lebanon Ponzi Finance: World Bank Says Politicians Are to Blame for the ‘Deliberate Depression’

Deliberately insufficient policy responses by successive Lebanese governments combined with the self-serving agreements by

Nigerian Currency Plunges to New All Time Low — Central Bank Blames Speculators

The Nigerian central bank has accused currency speculators of being behind the local currency’s

Argentinian Government Excludes Crypto Investors From Buying Dollars

The Argentinian Central Bank has issued a new set of restrictions that are affecting

Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty

Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate

Ruble Hits 7-Year High, Bukele, O’Leary Unfazed by Crypto Downturn, Elon Musk Will Keep Buying DOGE — Bitcoin.com News Week in Review

As sanctioned Russia’s fiat currency soars in value against the U.S. dollar, and crypto

Lebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board

As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the

DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization

Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become

Report: Number of African Cryptocurrency Users up by Nearly 2,500%

The number of cryptocurrency users in Africa grew by almost 2,500% between January 2021

Report: Lebanon Planning to Devalue Currency by 93%, Depositors to Lose $38 Billion

The Lebanese government is reportedly planning to devalue the local currency by up to

Nigerian Remittances Rebound as Country Tops Sub Sahara Africa — Sending Costs Still High

Nigeria is once again Sub Sahara Africa’s biggest recipient of remittances into the region

No Plans to Make US Dollar Sole Currency, Zimbabwean Finance Minister Calls Idea ‘Suicidal’

The Zimbabwean Finance Minister, Mthuli Ncube, recently told business leaders that he is not

Forex Shortages Force Nigerian Corporates to Turn to Parallel Market

Nigeria’s ongoing shortage of foreign exchange is forcing corporates and businesses to source this

Angola Hikes Benchmark Interest Rate as Central Bank Attempts to Tame Rising Inflation

The Angolan central bank’s monetary policy committee (MPC) recently hiked the country’s benchmark interest

New Bank of America Report Says Digital Currencies ‘Could Boost Economic Growth’ in Developing Countries

A new Bank of America (BOA) research study has found that both central bank