Follow AllAfrica News: Currencies, filter it, and define how you want to receive the news (via Email, RSS, Telegram, WhatsApp etc.) https://follow.it/all-africa-news-currencies Sun, 26 Mar 2023 02:09:46 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUf9g9sa67NDaZ8v71dCn6bG [allAfrica] Cape Town -- The Economic and Monetary Community of Central Africa (CEMAC) has taken a decision to stop using the Franc CFA (FCFA). They were expected to announce some currency changes, but instead opted for a complete change of the name.]]> Fri, 24 Mar 2023 14:27:17 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUf9g9sa67NDaZ8v71dCn6bG https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUdwUaQylBR97KrkJyTkC_2b [Capital FM] Nairobi -- The Central Bank of Kenya (CBK) has introduced a forex code for commercial banks that aims to improve transparency in the wholesale foreign currency market in Kenya.]]> Fri, 24 Mar 2023 07:34:44 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUdwUaQylBR97KrkJyTkC_2b https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUdP9Fc6oPLa7qJCIqJppjfU [Ghanaian Times] The Ghana cedi may record mixed performance against the US dollar this week.]]> Thu, 23 Mar 2023 14:33:14 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUdP9Fc6oPLa7qJCIqJppjfU https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUfY4wAyjJn9Ei1Ly282xAAw [Capital FM] Nairobi -- President William Ruto expects dollar demand in the country to ease as the government plans to import fuel in Kenya shillings.]]> Wed, 22 Mar 2023 16:25:23 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUfY4wAyjJn9Ei1Ly282xAAw https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUe29BKBxv2bomFk24e89-qg [Daily News] Arusha -- TRADE volume between Tanzania and India stands at 4.5billion US dollars (about10.4tri/-) by early March this year as the two countries agreed to use their own currencies while doing trade.]]> Tue, 21 Mar 2023 17:20:55 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUe29BKBxv2bomFk24e89-qg https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUe6YCXxFEpYWO9WSSr4-0sP [AIM] Maputo -- Mozambican President Filipe Nyusi on Wednesday announced that the government will allocate 250 million meticais (about four million US dollars) to the central province of Zambezia, the part of the country worst hit by Cyclone Freddy.]]> Fri, 17 Mar 2023 09:14:48 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUe6YCXxFEpYWO9WSSr4-0sP https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUd5DxhS-9uMP1e5jCclomp- [SciDev.Net] Lagos -- A currency scarcity in Nigeria, caused by the replacement of old bank notes, is causing delays in accessing healthcare services and even costing lives, in a system that relies heavily on out-of-pocket expenses, health experts and patients warn.]]> Fri, 17 Mar 2023 08:08:35 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUd5DxhS-9uMP1e5jCclomp- https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUeTht7WpAAPz3tuT6pSmY81 [Independent (Kampala)] Kampala -- Reducing reliance on the US dollar necessitates satisfying financing requirements in local currency and enhancing local financial institutions]]> Tue, 14 Mar 2023 12:43:51 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUeTht7WpAAPz3tuT6pSmY81 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUfTIdwJ5yUPJm0dX84dnP8Y [Premium Times] Mr Sanwo-Olu urges business owners and government agencies to accept the old naira notes in accordance with the court ruling.]]> Mon, 13 Mar 2023 21:51:32 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUfTIdwJ5yUPJm0dX84dnP8Y https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUefOO_JKkZPSgSngkwrdsok [Vanguard] Residents in Benin, Edo capital, on Monday refused to collect the old N500 and N1,000 notes being issued to customers at some commercial banks in the state.]]> Mon, 13 Mar 2023 20:50:01 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUefOO_JKkZPSgSngkwrdsok https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUeDSFPLeuN7TfnNuMIJyU22 [Vanguard] AREWA Consultative Forum, ACF, has told President Muhammadu Buhari that the much-touted benefits of the naira redesign policy can never justify the damage to his credentials as a democrat and a stickler for the rule of law.]]> Mon, 13 Mar 2023 10:00:18 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUeDSFPLeuN7TfnNuMIJyU22 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUenLxRlB-v9QgSngkwrdsok [Daily Trust] The Bayelsa State Government has said that based on the Supreme Court ruling of March 3, the old naira notes of N500 and N1,000 will remain legal tender in the state till December 31.]]> Sun, 12 Mar 2023 12:18:25 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUenLxRlB-v9QgSngkwrdsok https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUflmwErY9aKfQpx5_w21kha [Leadership] Ondo State Governor Oluwarotimi Akeredolu has decried the rejection of old naira notes by a large section of traders and business owners in the state.]]> Fri, 10 Mar 2023 16:39:36 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUflmwErY9aKfQpx5_w21kha https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUflmwErY9aKfYfjc6hd5eWF [Vanguard] GOVERNOR Rotimi Akeredolu of Ondo State, yesterday, said the rejection of the old naira notes by traders and business owners is flagrant disobedience to the law.]]> Fri, 10 Mar 2023 16:37:20 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUflmwErY9aKfYfjc6hd5eWF https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUfBhSE5nfqC-3HnycKeoCpf [Leadership] Several traders, motorists, Small and Medium Enterprise(SME) vendors and micro-sector operators are yet to come to terms with accepting the old N500 and N1000 notes despite the order of the Supreme Court stating that the old Notes remains legal tender.]]> Thu, 09 Mar 2023 10:15:38 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUfBhSE5nfqC-3HnycKeoCpf https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUeHJ18x2tdTIGW0GqTRQSgk [Leadership] The Central Bank of Nigeria Act 2007 stipulates that the Bank shall have powers to print, redesign, destroy, and re-distribute currencies. Specifically, Section 20(3) of the CBN Act stipulates that: "Notwithstanding subsections (1) & (2) of this Section, the bank shall have power, if directed to do so by the President and after giving reasonable notice in that behalf, to call in any of its notes or coins on payment of the face value thereof and any note or coin with respect to which a notice has been g]]> Wed, 08 Mar 2023 15:13:41 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUeHJ18x2tdTIGW0GqTRQSgk https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUd24SsQtoMZQixhxzpi7FpJ [This Day] James Emejo writes that the CBN's cashless policy bolstered by the recent redesigning of the Naira may have come to stay, ushering in a new dawn for electronic payment in the country.]]> Wed, 08 Mar 2023 14:47:28 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUd24SsQtoMZQixhxzpi7FpJ https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUf4c7jnzY9XZN5ZnUTwRGH7 [IPS] Abuja -- Nigerians confronted by hardships over the scarcity of the newly redesigned naira notes in conjunction with the country's cashless policy introduced by the apex bank have had a last-minute reprieve from a policy that had disrupted their lives and exacerbated hunger.]]> Mon, 06 Mar 2023 11:53:33 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUf4c7jnzY9XZN5ZnUTwRGH7 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUdnNTx2Mj12HgSngkwrdsok [The Herald] Inflation is now tamed, regardless of what currency you use, with the new weighted consumer price index results actually producing negative inflation, that is a fall in prices, between January and last month.]]> Mon, 06 Mar 2023 11:40:40 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUdnNTx2Mj12HgSngkwrdsok https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUeXag6OU_SkC0ZPHFZJLI3I [Premium Times] CPPE said the supreme court ruling protects the citizens from a "draconian" policy]]> Sun, 05 Mar 2023 11:00:40 +0200 https://api.follow.it/track-rss-story-click/v3/1ioeFPewRUeXag6OU_SkC0ZPHFZJLI3I