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This is the second devaluation of the naira in less than six months on the official foreign exchange (forex) market. The CBN has previously staved off a devaluation despite the…
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DOI: 10.1108/OXAN-DB255029
ISSN: 2633-304X
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Topical
Lourenco took power a month previously and shortly afterwards appointed his first cabinet, with many ministers and state secretaries who served under his predecessor…
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DOI: 10.1108/OXAN-DB225461
ISSN: 2633-304X
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Geographic
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Outlook for Ethiopia's economic reforms.
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DOI: 10.1108/OXAN-DB241291
ISSN: 2633-304X
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Geographic
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Ethiopia's economic outlook
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DOI: 10.1108/OXAN-DB229640
ISSN: 2633-304X
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Geographic
Topical
Instead it ordered that all foreign exchange purchases should occur through commercial banks. This move aims to stabilise the value of the naira by reducing effective domestic…
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DOI: 10.1108/OXAN-DB263667
ISSN: 2633-304X
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Geographic
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This has temporarily boosted the supply of forex, causing the naira to appreciate in the parallel market around December. However, this proved short-lived, with the CBN resorting…
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DOI: 10.1108/OXAN-DB259421
ISSN: 2633-304X
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Geographic
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Ethiopia's privatisation initiative.
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DOI: 10.1108/OXAN-DB236299
ISSN: 2633-304X
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Geographic
Topical
Since its introduction in February, the local real-time gross settlement (RTGS) dollar, a de facto new local currency, has lost over 60% of its value relative to the US dollar on…
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DOI: 10.1108/OXAN-DB244607
ISSN: 2633-304X
Keywords
Geographic
Topical
Since the abandonment of the multi-currency regime in June, the new Zimbabwe dollar has lost almost 60% of its value relative to the US dollar. The parallel market for foreign…
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DOI: 10.1108/OXAN-DB246811
ISSN: 2633-304X
Keywords
Geographic
Topical
The government hopes to benefit from the flattening of the COVID-19 pandemic and a relative calm in the Tigray conflict to push ahead with its flagship privatisation programme…