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Local currencies
Tanzanian shilling maintains stability in 2021
The shilling has maintained stability throughout the year, fluctuating slightly around 1.0% since January. The local currency opened the year at 2,309/09 against the US dollar, which was almost similar to the 2,309/16 yesterday.…
Enter the Fiat currency exposure in this unique ETF
The momentum is squarely behind the dollar amid the Omicron variant, but diverse exposure to international currencies is available in the Invesco DB G10 Currency Harvest Fund (DBV).As various countries grapple with the latest variant of…
Naira earns 0.09% of dollar at investor window
By Adedapo Adesanya Oil prices closed mixed on Friday in a short holiday swap after a three-day rally, with investors trying to assess the impact of the omicron coronavirus variant on demand. While Brent crude fell 29 cents…
We will raise infrastructure funds from N13tn pension funds, others – CBN
Posted December 24, 2021Central Bank of Nigeria Governor Godwin Emefiele said Nigeria plans to finance infrastructure projects with bank and pension funds. According to him, the federal government is seeking to reduce its external…
Cambodia targets hybrid digital currency on blockchain to unbanked
A blockchain-based payment system for the benefit of a large unbanked populationSmall countries have more to gain from digital currenciesLow levels of digital, financial literacy is a challengeBANGKOK, Dec. 22 (Thomson Reuters Foundation)…
Record Plc invests in World Bank Development Bonds
“We are delighted to be a part of this innovative and promising project,” said Managing Director Leslie Hill. Record PLC (LSE: REC) announced that its Sustainable Finance Fund for Emerging Markets, launched this year in collaboration with…
Turkey works to ease bank capital strains amid pound crash – sources
Breadcrumb Links PMN company Author of the article: Release date : Dec 17 2021 • 29 minutes ago • 2 minutes to read • Join the conversation Content of the article ISTANBUL - Turkish authorities are…
Zara owner and H&M recover from pandemic blues
Inditex Reports Third Quarter and Latest Sales Up 10% From 2019 LevelsH&M Says Fourth Quarter Sales In Line With Pre-pandemic LevelsInditex's online sales this year more than doubled compared to 2019MADRID / STOCKHOLM December 15…
Midpoint launches virtual accounts in CAD, USD and Euro
LONDON, Dec. 13 2021 (GLOBE NEWSWIRE) - Midpoint Holdings Ltd. (TSXV: MPT) ("Environment"or the"Society") is pleased to announce that the Company will launch local virtual accounts in Canadian dollars, US dollars and euros in January…
Extract more juice from your startup’s customer experience data
As a global business development manager and self-proclaimed data geek, I'm used to leveraging user feedback and insights from customer experience data to attract, engage and retain more customers.My experience has taught me that…