Black market exchange rate – Miami Crypto Coin

Ethiopia Orders Banks to Reject Requests for Foreign Exchange to Buy ‘Non-Priority Products’

Post author:MiamiCrypto
Post published:October 19, 2022
Post category:Africa birr depreciation Black market exchange rate Ethiopia birr Ethiopia Tigray conflict Foreign exchange Melaku Alebel Addis

The Ethiopian government has instructed banks to reject requests for foreign currency to buy so-called non-priority products. The Ethiopian Minister of Industry Melaku Alebel Addis has defended the move, saying…

Nigerian Central Bank Hikes Key Interest Rate Just Days After Naira Plunges to New Low

Post author:MiamiCrypto
Post published:September 28, 2022
Post category:Africa Black market exchange rate Central Bank of Nigeria inflation rate monetary policy committee monetary policy rate MPC naira depreciation naira exchange rate

Following the latest meeting of the monetary policy committee, the Central Bank of Nigeria says it has hiked the monetary policy rate to 15.5%. By increasing the key interest rate…

Report: Lebanese Pound Exchange Rate Against Dollar Plunges to All-Time Low

Post author:MiamiCrypto
Post published:May 31, 2022
Post category:Black market exchange rate Economics global inflation imf bailout lebanese pound lebanon currency crash lebanon financial crisis Mark Daou Michel Kozah

After relative calm for a few months, the Lebanese pound has plunged to an all-time low of 35,600 per dollar, a report has said. The currency’s latest slide is expected…