FX News Feed

Wednesday, May 13, 2026

Kenya Shilling Stability Wipes Sh16bn from Top Banks’ Forex Income

By Louis Schoeman, Financial Writer
2 min read
The Kenyan shilling's newfound stability is creating ripples in the financial sector, erasing Sh1 ...
11 hours

Nigeria GDP Plunges 2.5% Amid Inflation, Naira Faces Growing Pressure

By Louis Schoeman, Financial Writer
2 min read
Nigeria's economy is facing a critical juncture as recent data reveals a 2.5% contraction in GDP, ...
1 day
The Nigerian naira has surged by 2% this week, buoyed by the Central Bank of Nigeria's (CBN) stra ...
1 day

Kenya Shilling Holds Steady Despite Shrinking Forex Reserves

By Louis Schoeman, Financial Writer
2 min read
The Kenya shilling has shown remarkable resilience, maintaining stability despite a notable decli ...
2 days

Naira Climbs as Nigeria’s Forex Reserves Surge to $46.7bn

By Louis Schoeman, Financial Writer
2 min read
Nigeria's naira has strengthened significantly against the dollar, buoyed by a surge in the count ...
2 days

USD/INR Near 95 as Oil Surge, RBI Intervention, and Dollar Strength Pressure Rupee

By Arslan Butt, Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
3 min read
Iran tensions, a $105 Brent crude price, and resilient US payrolls have created a perfect storm for ...
2 days
After the USD/ZAR failed to maintain advances above the R17 mark, the South African rand gained some ...
3 days

Nigeria’s Forex Reserves Surge $46.7bn as CBN Reforms Boost Naira

By Louis Schoeman, Financial Writer
2 min read
Nigeria's forex reserves have surged to $46.7 billion, marking a significant boost for the naira ...
5 days

Nigeria GDP Falls 2.5% as Inflation Threatens Naira Stability

By Louis Schoeman, Financial Writer
2 min read
Nigeria's economy is facing turbulent times as the latest data reveals a 2.5% drop in GDP, threat ...
6 days

Rand Slumps 1% Amid SARB Rate Hike Speculation and Volatile Markets

By Louis Schoeman, Financial Writer
2 min read
The South African rand has slipped 1% against the US dollar, as market speculation mounts over a ...
6 days
The resilience of the Kenya shilling amid economic headwinds has caught the attention of traders ...
1 W

Rand Slips 1% as SARB Rate Hike Looms, Traders Eye Volatility

By Louis Schoeman, Financial Writer
2 min read
South Africa's rand has slipped by 1%, stirring concerns among traders as the South African Reser ...
1 W
The Kenya shilling has shown remarkable stability, holding firm at Sh129 against the US dollar, e ...
1 W

Rand Slumps 1% as SARB Rate Hike Looms Amid Volatile Markets

By Louis Schoeman, Financial Writer
2 min read
The South African rand has tumbled by 1% amid growing speculation of an impending interest rate h ...
1 W
In the face of a burgeoning US dollar surplus, the Kenya shilling has demonstrated resilience, ma ...
1 W
The South African rand was supported on Monday by a stronger US dollar and a pessimistic assessment ...
1 W
The Kenyan shilling holds its ground as Treasury bill rates decline, while foreign exchange reser ...
2 W

Naira Surges 2% as CBN’s New FX Strategy Boosts Market Confidence

By Louis Schoeman, Financial Writer
2 min read
The Nigerian naira has surged by 2% against the US dollar, thanks to the Central Bank of Nigeria' ...
2 W

Nigeria’s GDP Faces Downturn Amid Inflation and Trade Challenges

By Louis Schoeman, Financial Writer
2 min read
Nigeria's economic landscape is at a critical juncture as inflationary pressures and trade defici ...
2 W
The Kenya shilling has shown remarkable stability despite a decline in Treasury bill rates and a ...
2 W
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