Search results: exchange rates

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 Nigeria central bank keeps rates on hold

Video / Tue, 24 May 2016 15:47:43 GMT

Nigeria central bank keeps rates on hold

Nine members of Nigeria's Monetary Policy committee unanimously decided to adopt a flexible foreign exchange market while keeping all other benchmarks rates unchanged.

 What a ratings downgrade means for the rand

Video / Fri, 03 Jun 2016 07:58:13 GMT

What a ratings downgrade means for the rand

The much anticipated ratings review from S&P Global Ratings will be announced today. Meanwhile, the rand has struggled to stay stable against the dollar on downgrade fears weighing on sentiment. T

 Nigeria's All Share Index depreciates further

Video / Wed, 15 Jun 2016 08:20:27 GMT

Nigeria's All Share Index depreciates further

The Nigeria Stock Exchange All Share index depreciated for the third consecutive session in the last trading session, as the markets anticipates the announcement of the details of flexible exchange rate policy today.

 Unifying Nigeria's foreign exchange markets

Video / Wed, 18 Jan 2017 13:59:41 GMT

Unifying Nigeria's foreign exchange markets

According to the Vice President of the Federal Republic of Nigeria, Yemi Osibanjo, the government is talking to CBN on the need to close the gap between the official and black-market exchange rates. Is the unification set to happen this year?

 Naira remains under pressure

Video / Thu, 03 Mar 2016 11:07:40 GMT

Naira remains under pressure

While the naira/dollar rate remains pegged in the official market, the exchange rate has been volatile in the parallel market. Dollar supply remains weak amid speculation that the central bank is considering modalities for a second tier forex market.

 Nigeria central bank keeps rates on hold

Video / Tue, 24 May 2016 15:47:43 GMT

Nigeria central bank keeps rates on hold

Nine members of Nigeria's Monetary Policy committee unanimously decided to adopt a flexible foreign exchange market while keeping all other benchmarks rates unchanged.

 What a ratings downgrade means for the rand

Video / Fri, 03 Jun 2016 07:58:13 GMT

What a ratings downgrade means for the rand

The much anticipated ratings review from S&P Global Ratings will be announced today. Meanwhile, the rand has struggled to stay stable against the dollar on downgrade fears weighing on sentiment. T

 Nigeria's All Share Index depreciates further

Video / Wed, 15 Jun 2016 08:20:27 GMT

Nigeria's All Share Index depreciates further

The Nigeria Stock Exchange All Share index depreciated for the third consecutive session in the last trading session, as the markets anticipates the announcement of the details of flexible exchange rate policy today.

 Unifying Nigeria's foreign exchange markets

Video / Wed, 18 Jan 2017 13:59:41 GMT

Unifying Nigeria's foreign exchange markets

According to the Vice President of the Federal Republic of Nigeria, Yemi Osibanjo, the government is talking to CBN on the need to close the gap between the official and black-market exchange rates. Is the unification set to happen this year?

 Naira remains under pressure

Video / Thu, 03 Mar 2016 11:07:40 GMT

Naira remains under pressure

While the naira/dollar rate remains pegged in the official market, the exchange rate has been volatile in the parallel market. Dollar supply remains weak amid speculation that the central bank is considering modalities for a second tier forex market.

 Kenya's Exchange Rate Volatile

Video / Fri, 10 May 2013 12:50:23 GMT

Kenya's Exchange Rate Volatile

ABN's Samantha Loring speaks with Ragnar Gudmundsson, Resident Representative at the IMF, to discuss the key agreements.

 KCB Hikes Rates 550bpts

Video / Wed, 02 Nov 2011 06:22:30 GMT

KCB Hikes Rates 550bpts

(www.abndigital.com) Kenya's central bank has raised its benchmark Central Bank Rate by 550 basis points to 16.5 percent to fight inflation and exchange rate ...

 Kenya MPC Leaves Rates Unchanged

Video / Wed, 01 Feb 2012 15:26:25 GMT

Kenya MPC Leaves Rates Unchanged

(www.abndigital.com) Kenya's central bank has left its benchmark lending rate unchanged at 18 percent on Wednesday as expected. The bank observed that ...

 African monetary policies with Ridle Markus

Video / Tue, 17 Aug 2010 12:47:00 GMT

African monetary policies with Ridle Markus

(www.abndigital.com) Until fairly recently, most African monetary policies focused on targeting monetary aggregates along with holding real effective exchange ...

 Jewellery Demand Drives Richemont Q3 Sales

Video / Tue, 25 Jun 2013 12:42:40 GMT

Jewellery Demand Drives Richemont Q3 Sales

Richemont's third-quarter sales inched up 5% at constant exchange rates and 9% at actual rates. The luxury goods company attributes its performance to robust ...

 BAT Q1 Revenue up 5%

Video / Tue, 25 Jun 2013 12:53:24 GMT

BAT Q1 Revenue up 5%

British American Tobacco's first quarter revenue grew 5 percent at constant exchange rates.That's due to the strong pricing environment.

 Key factors in developing Rwanda's economy

Video / Thu, 10 Dec 2015 13:42:27 GMT

Key factors in developing Rwanda's economy

Through the year, economies world over have been hit by the volatility in commodity prices, and overall interest rates. The International Monetary Fund has ...