New U.S. sanctions send ruble falling
The ruble plunged as the U.S. announced new sanctions against Russia over the nerve agent attack in the U.K. The currency sank to its lowest since November of 2016. The penalties, which are expected to come into effect on August 22, will limit American exports of sensitive goods and technology.
41 items still banned under Nigeria-China currency swap deal - CBN
The Central Bank of Nigeria has announced that the Nigeria- China currency swap deal will not cover the importation of the 41 items blacklisted from the official foreign exchange.
Fmr. risk manager says Bitcoin's value is uncertain
Aaron Brown, a former risk manager at AQR Capital Management, discusses assigning a valuation to bitcoin, bitcoin as a digital payment currency and his outlook for cryptocurrencies.
Will a single currency for ECOWAS succeed?
Joe Femi Dagunro joins CNBC Africa to discuss the intricacies of what a single currency would mean for the West African region.
Erdogan claims win in Turkish referendum
The lira jumped as Turkish citizens voted to endow President Recep Tayyip Erdogan with vast new executive powers, in a narrow referendum victory that may rekindle interest in 2017’s worst-performing emerging market currency.
Naira extends gains on parallel market
Nigeria's currency, the naira continues to strengthen in the parallel market trading at 445 to the dollar as the central bank continues its intervention in the official foreign exchange market.
Naira nears N503 to dollar as forex scarcity bites harder
Nigeria's local currency, the naira, is now trading at an all- time low of 503 to the US dollar, as the forex scarcity bites harder.
Zimbabwe to print new notes to boost economy
New bank notes are being printed in Zimbabwe to ease a crippling cash shortage. The government hopes the new money will boost the collapsing economy. But there are concerns it will cause even higher hyper-inflation.