Currency

The Kenya shilling has lost nearly 20 percent of its value against regional currencies in under a year, weakening its...

Emerging market economies bore the brunt of the strongest U.S. dollar in two decades in 2022, a rise that battered...

The value of top cryptocurrency bitcoin could reach $50,000 this year and $120,000 by the end of 2024 Standard Chartered...

Amid the rapid market-led transition towards the exclusive use of US dollar in transactions across Tanzania’s economy, the Central Bank...

The Tanzanian shilling stayed stable against currencies of major trading partners in April 2023, consistent with low inflation rate and...

The Bank of Tanzania (BoT) has banned trading of foreign exchange with international foreign currency brokers who are not licensed...

Bitcoin surged to a more than two-week high, rising by up to 3.2% on Monday and trading at around $28,182,...

Bitcoin could gain from factors including recent turmoil in the banking sector, a stabilisation of risk assets as the U.S....

Group of Seven (G7) advanced economies will consider how best to help developing countries introduce central bank digital currencies (CBDC)...

A number of African countries, including Kenya, Egypt, Zimbabwe, Nigeria, Ghana and Zambia, are currently experiencing shortages of US dollars....