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AllAfrica News: Currencies

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[Independent (Kampala)] Ugandan businesses trading with China are set to gain faster access to yuan payments after Stanbic Bank Uganda became the country's first lender to connect to China's Cross-Border Interbank Payment System, or CIPS.

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[Addis Standard] Addis Abeba -- Former World Bank President David Malpass has said that Ethiopia's currency devaluations and exchange-rate reforms have significantly worsened poverty, saying people paid in birr "saw their incomes decimated" while a narrow group benefited from privileged access to foreign exchange and local-currency loans.

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[Daba Finance] Guinea has become the first ECOWAS member to say it will keep its currency rather than adopt the Eco when the regional currency starts. The decision leaves the Guinean franc in place as the bloc targets a phased launch in July 2027.

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[This Day] Claims Dangote's temporary dollar pricing exposed how major firms can trigger FX shocks Seeks greater transparency, deeper reforms, long-term capital to strengthen market resilience

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[Leadership] Currency in circulation (CIC) in Nigeria rose to N5.73 trillion in 2025 from N5.44 trillion recorded in 2024, as the Central Bank of Nigeria (CBN) printed 3.43 billion units of naira notes to meet growing cash demand, the apex bank's 2025 Annual Report has revealed.

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