Brics: Is this the End of Dollar Dominance in Africa?
A growing chorus of African nations is embracing a transformative idea - reducing their reliance on the U.S. dollar for ...
Tag: International Trade
Global Currencies React to U.S. Dollar’s Rebound, Heightening Economic Uncertainty
In the early hours of European trade on Wednesday, the U.S. dollar demonstrated strength, signaling a rebound from its recent ...
Russian Government Eases Fuel Export Ban Amidst Growing Domestic Concerns
The Russian government has decided to modify its fuel export ban, signaling a shift in its export policy. The decision, ...
Global Rice Prices Reach 15-Year High Amid India’s Export Ban
Global rice prices soared to a 15-year high in August, primarily due to India's restrictions on overseas rice exports, according ...
CBN Repays 5.10 Billion Yuan to China as Nigeria-China Currency Swap Renewal Nears.
The Central Bank of Nigeria (CBN) has made a repayment of 5.10 billion Chinese yuan (CNY) out of the 6 ...
FG Intensifies Efforts to Attract Dollar Supplies Amid Exchange Rate Volatility
The Nigerian government, under the leadership of President Tinubu, is leaving no stone unturned in its quest to secure dollar ...
India’s Rice Export Ban May Propel Decade-High Prices Soaring.
On Thursday, July 20, 2023, India enacted a ban on the exports of non-basmati white rice with immediate effect, as ...
United Kingdom Launches New Trading Scheme, Benefits Developing Countries.
The United Kingdom (UK) has announced the implementation of a new trading scheme aimed at simplifying trading rules and reducing ...
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