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Africa Foreign Exchange News is an EIN News Service for FOREX trading professionals. Constantly updated news and information about Africa FOREX Trading.
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Latest Africa Foreign Exchange News

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  • Financial: South Africa October M3 Money Supply Growth Slows More Than Expected 30 Nov 2009 07:14 GMT
    ... By using this web site you agree to its terms and ... and conditions. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, ... financial advisor if you have any doubts. Forex (or FX or off-exchange foreign currency futures ...

  • Facts: South Africa October M3 Money Supply Growth Slows More Than Expected 30 Nov 2009 07:35 GMT
    ... By using this web site you agree to its terms and ... and conditions. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, ... financial advisor if you have any doubts. Forex (or FX or off-exchange foreign currency futures ...

  • Financial: S. Africa's Trade Balance Swings To Deficit In October 30 Nov 2009 13:55 GMT
    ... By using this web site you agree to its terms and ... and conditions. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, ... financial advisor if you have any doubts. Forex (or FX or off-exchange foreign currency futures ...

  • Angola's kwanza steady in latest forex auction 30 Nov 2009 11:30 GMT
    ... LUANDA, Nov 30 (Reuters) - Angola's kwanza was virtually unchanged against ... and a government decision to loosen the currency's peg to the dollar last month. The ... has taken a toll on the country's foreign exchange reserves, which fell for the first ...

  • Oil firms crashes forex demand by 73% 30 Nov 2009 00:32 GMT
    ... Foreign exchange supply from autonomous sources most oil ... from N150.98 per dollar. At the international currency market, The dollar rose against most major ...

  • Information is Essential for One to Make Profits in Forex Markets [opinion] 30 Nov 2009 12:34 GMT
    ... Nairobi, Nov 30, 2009 (The East African/All Africa ... Global Media via COMTEX) -- The global currency trading market is a multi-trillion-dollar business where ... market is a multi-trillion-dollar business where world currencies are exchanged back and forth on a ...

  • Task Force on 2010 Tariff and Fiscal Incentives beware! 30 Nov 2009 00:34 GMT
    ... President Yar'Adua, on Tuesday 24/11/2009, by proxy, laid before ... article. However, a cursory excursion through major supermarkets and major wholesale markets will reveal a ... reducing or eliminating their sources of cheap foreign exchange for such imports. There is no ...

  • HELLO AND GOODBYE 30 Nov 2009 08:13 GMT
    ... SA's best-selling small bakkie for the past five years, ... was part of the corporation's Latin America/Middle East/Africa region and took its engineering and product ... and has since had experience in sales, marketing, customer relations, quality assurance, exports and trade ...

  • Exco Technologies Limited - Fourth Quarter ended September 30, 2009 30 Nov 2009 14:15 GMT
    ... Exco Technologies Limited - Fourth Quarter ended September 30, ... income (loss) Unrealized (loss) gain on foreign currency translation of self- sustaining operations (3,902) 461 ... $0.01 ($0.52) ($0.43) ($0.34) a. Includes $227 foreign exchange valuation gain, $403 severance charges and ...

  • Rand holds firm amid dollars weakness 30 Nov 2009 15:25 GMT
    ... firmer euro against the dollar. The local currency had dipped a fraction following South Africa's ... debt problems of Dubai World was affecting market liquidity. In late trade the rand was ... against most other majors. In the European foreign exchanges the dollar was weaker all round ...

  • Blue's torrid results 30 Nov 2009 11:12 GMT
    ... You can't run a company without cash. JOHANNESBURG - Micro-finance company Blue ... first concern the results raise is how foreign exchange losses are reflected in the accounts. ... the right licence." Four percent of your market cap (R481m) is a lot of school ...

  • S.Africa rand edges firmer on higher risk appetite 30 Nov 2009 07:32 GMT
    ... JOHANNESBURG, Nov 30 (Reuters) - South Africa's rand firmed ... by better appetite for risky assets after markets were rattled last week by debt concerns ... this is going to keep volatility in foreign exchange markets quite elevated. This morning we'll ...

  • Indian Politician Arrested for Involvement in Biggest ever Political Scam 30 Nov 2009 13:31 GMT
    ... Indian police Monday arrested the disgraced former chief minister ... biggest ever political scandal -- a multi-million money laundering scam. "We have reached at a stage ... investigators, Koda's empire stretches from Mumbai to Africa -- from luxury hotels and three companies ...

  • UPDATE 2-Seychelles sees return to growth, eyes tax reforms 30 Nov 2009 13:55 GMT
    ... By George Thande VICTORIA, Nov 30 (Reuters) - Seychelles will modify ... to 15 percent as of January 2011. Africa analysts said the measures were a step ... medium-term as tourism earnings recover,' Faure said. 'Foreign exchange reserves are projected to rise gradually ...

  • RPT-UPDATE 1-China digs in on yuan, holds out hand on climate 30 Nov 2009 14:11 GMT
    ... NANJING, China, Nov 30 (Reuters) - China pushed back on ... on Monday against calls to let its currency rise, with Premier Wen Jiabao warning that ... of Thomson Reuters. Macroeconomic stories, OECD reports Foreign exchange General news Political news ...


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