Friday, 22 May 2015


  • Kenya's shilling weakens

    19:41 | 22/5/15
    Independent Online
    Nairobi - The Kenyan shilling weakened on Friday, dragged lower by growing demand for dollars as importers seek to meet their end-month obligations ahead of time. more»
  • Kenya's shilling eases slightly on importer dollar demand

    19:41 | 22/5/15
    Reuters Africa
    NAIROBI, May 22 (Reuters) - The Kenyan shilling weakened on Friday, dragged lower by growing demand for dollars as importers seek to meet their end month obligations ahead of time. more»
  • Indian rupee value needs to be market driven - Fin Min Jaitley

    19:41 | 22/5/15
    The rupee has fallen nearly 1 percent against the U.S. dollar so far this year, despite signs of an improving economy, with analysts predicting India could surpass China's growth. But analysts believe the currency is still over-valued in real effective ... more»
Recent News
  • Do This! By Michael Harrington

    18:56 | 22/5/15
    Lithuanian artist Ray Bartkus, besides designing the (now obsolete) 50 litas bill for his native country and creating illustrations for magazines and newspapers, makes installations braced by his massive figurative paintings. more»
  • Tunisia: Tunisian dinar fell against dollar

    18:55 | 22/5/15
    African Manager
    The exchange market was marked by orders buying currency by public operators on May 20, 2015, when the US dollar continued its bullish trend against the Tunisian dinar and was traded at 1.9485 TD against 1.9440 TD the previous day and 1.9205 TD on ... more»
  • Standard Bank Introduces Education Trust Fund

    18:45 | 22/5/15
    He stated that the trust is managed by an independent board of trustees, with primary objectives of conducting variety of public benefit activities entirely within the country and in a non-profit manner for the benefit of its beneficiaries being ... more»
  • Inflation data, speeches key to Australian dollar's next move

    18:33 | 22/5/15
    Sydney Morning Herald
    Currency traders were awaiting US inflation data and key speeches from the heads of the US and European central banks overnight on Friday for developments that could break the Aussie out of its trading range around US79ยข. But analysts were divided as ... more»
  • Cruzeiro, Guarani edge narrow advantage

    18:11 | 22/5/15
    Guarani will also take a narrow lead into their second-leg clash against Argentinian side Racing Club after winning 1-0 in Asuncion. more»
  • Nigeria's Bitstake builds on bitcoin remittance services

    18:00 | 22/5/15
    Disrupt Africa
    Bitstake, in allowing users to remit money using bitcoin which is then converted into Nigerian naira at a cost lower than money sending firms such as MoneyGram and Western Union, is ostensibly similar to Ghana's Beam and Kenya's BitPesa. more»
  • Malaysian Ringgit Advances To 3-day High Against US Dollar

    18:00 | 22/5/15
    London South East
    Data from the Department of Statistics showed that Malaysia's consumer price index rose 1.8% year-over-year in April, faster than previous month's 0.9% climb. more»
  • Singapore Dollar Climbs To 3-day High Against US Dollar

    18:00 | 22/5/15
    London South East
    Against the greenback, the Singapore dollar rose to a 3-day high of 1.3298. At yesterday's close, the Singapore dollar was trading at 1.3367 against the greenback. If the Singapore dollar extends its uptrend, it is likely to find resistance around the ... more»
  • CompaniesRichemont profits hurt by Asia and Swiss franc

    17:37 | 22/5/15
    Financial Times
    Richemont grew sales but not profits after a difficult year for the luxury goods and watchmaker, amid currency swings and lacklustre demand. more»
  • China Three Gorges hires for US dollar, Euro roadshows

    17:26 | 22/5/15
    Reuters Africa
    An inaugural offering of senior unsecured US dollar and/or euro bonds, with a guarantee from CTG, may follow, subject to market conditions. more»
  • Swiss Franc Trading On A Stronger Footing This Morning

    17:15 | 22/5/15
    For the 24 hours to 23:00 GMT, the USD traded flat against the CHF and closed at 0.9370. In the Asian session, at GMT0300, the pair is trading at 0.9361, with the USD trading 0.09% lower from yesterday's close. more»
  • African Markets - Factors to watch on May 22

    17:03 | 22/5/15
    Reuters Africa
    EMERGING MARKETS For the top emerging markets news, double click on AFRICA STOCKS For the latest news on African stocks, click on AFRICAN CURRENCIES Ghana's cedi could weaken next week on increased dollar demand, while other currencies ... more»