Ethiopia Orders Banks to Reject Requests for Foreign Exchange to Buy ‘Non-Priority Products’
The Ethiopian authorities has instructed banks to reject requests for international forex to purchase so-called non-priority merchandise. The Ethiopian Minister of Industry Melaku Alebel Addis...
Nigerian Central Bank Hikes Key Interest Rate Just Days After Naira Plunges to New Low
Following the newest assembly of the financial coverage committee, the Central Bank of Nigeria says it has hiked the financial coverage fee to fifteen.5%. By...
Report: Lebanese Pound Exchange Rate Against Dollar Plunges to All-Time Low
After relative calm for just a few months, the Lebanese pound has plunged to an all-time low of 35,600 per greenback, a report has mentioned....