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Africa Foreign Exchange Reserves News

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

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Angola's kwanza steady in latest forex auction 30 Nov 2009 11:30 GMT
... has taken a toll on the country's foreign exchange reserves, which fell for the first time in ... from $12.8 billion in September. Angola rivals Nigeria as Africa's biggest oil producer and depends on oil ...
UPDATE 2-Seychelles sees return to growth, eyes tax reforms 30 Nov 2009 13:55 GMT
... 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 to nearly ...
Seychelles sees return to growth, eyes tax reforms 30 Nov 2009 14:32 GMT
... 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 to nearly ...
China Sees Buying Opportunity in Gold and Crude Oil Drop 30 Nov 2009 19:08 GMT
... THE PRICE OF GOLD traded in a wide 1.5% range early Monday in ... China a buying opportunity to put some forex reserves into gold or oil reserves," says Ji Xiaonan, ... of China, "almost half of our country's foreign exchange reserve is not stable in value and is ...
Low debt and inflation underscores Turkey's growing economy 30 Nov 2009 10:31 GMT
... of the country upon foreign funding, the foreign exchange reserves of the Central bank remained solid at ... countries especially in Europe, Middle East & Africa (EMEA) region: Turkey’s population is growing by ...
Gold & Oil Dips "Present Buying Opportunity" Says Chinese State Investment Advisor 30 Nov 2009 16:24 GMT
... The move followed Thursday "debt freeze" request by its parent, Dubai ... give a buying opportunity to put some forex reserves into gold or oil reserves," says Ji Xiaonan, ... of China, "almost half of our country's foreign exchange reserve is not stable in value and is ...
Dubai's silence to hit Gulf markets sharply 29 Nov 2009 03:55 GMT
... a �disaster� for Middle East and North Africa equity markets, and is braced for a ... least four other smaller SWFs and finally foreign exchange reserves at about $33bn,� he said. But the ...
Dubai blackout over debt plans to hit Gulf markets sharply 29 Nov 2009 12:50 GMT
... a "disaster" for Middle East and North Africa equity markets and is braced for a ... least four other smaller SWFs and finally foreign exchange reserves at about 33 billion dollars," he said. ...
Ethiopian Petroleum Enterprise cancels multi-billion birr fuel bid 29 Nov 2009 11:32 GMT
... Ethiopian Petroleum Enterprise cancels multi-billion birr fuel bid in ... companies, including Total International, Kenol Kobil, Oil Libya, Berki International and Fal Oil, were contesting, ... the face of the country's dwindling foreign currency reserve. ...
Financial crisis impact not to be overlooked in Africa 25 Nov 2009 07:31 GMT
... Global financial crisis could make world economy enter an era ... detrimental or harmful to low-income countries, and African economy has become the focus of attention. ... the same period. International commodity prices and foreign exchange reserve constitute the main cause of currency devaluation. ...
Angola to use IMF loan to bolster reserves, kwanza 25 Nov 2009 10:36 GMT
... the International Monetary Fund to bolster its foreign exchange reserves and stabilise the local currency, the kwanza, ... financing package to date for a sub-Saharan African country during the current global crisis, the ... the loan on Nov. 23. Angola rivals Nigeria as Africa's biggest oil producer and depends ...
UPDATE 1-IMF says transparency key to $1.4 bln Angola loan 25 Nov 2009 17:07 GMT
... of a $1.4 billion loan to the African nation. Angola, which rivals Nigeria as Africa's biggest oil producer, has for ... to use the loan to bolster its foreign exchange reserves and stabilise the local currency, the kwanza. ...
Detoxing the dollar 27 Nov 2009 12:37 GMT
... The increased US dollar reserves on South Africa's balance sheet may be a bit weak, ... Net reserves increased by $870-million to $38.784-billion. Foreign exchange reserves rose by $488-million and gold reserves were ... and gold reserves were $158-million higher. Total forex reserves were reported at $35.601-billion, while gold reserves were at ...
Angola to shore up reserves, local currency with USD1.4bn IMF loan 25 Nov 2009 13:56 GMT
... credit from the IMF to steady its foreign exchange reserves and the local currency, the kwanza, Reuters ... package it has given to a sub-Saharan African country since the crisis erupted last autumn. ... crisis erupted last autumn. producer along with Nigeria, saw its foreign exchange reserves dwindle by ...
Angola's kwanza slides further against dollar 24 Nov 2009 09:18 GMT
... has taken a toll on the country's foreign exchange reserves, which fell for the first time in ... at around 95 per dollar. Angola rivals Nigeria as Africa's biggest oil producer and depends on oil ...

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Foreign Exchange Rates News

Foreign exchange rates in Hong Kong -- Nov. 30 [30 Nov 2009 - 13:03]
SHIRAKAWA:BOJ PROHIBITED BY LAW FROM BUYING FOREIGN CURRENCY-DENOMINATED BONDS TO INFLUENCE FX RATES [30 Nov 2009 - 06:34]
China Premier: Yuan's FX Rate To Remain Basically Stable -Xinhua [29 Nov 2009 - 13:28]
Foreign exchange rates in Hong Kong -- Nov. 27 [27 Nov 2009 - 11:32]
State Bank move pulls black FX rate down [27 Nov 2009 - 08:31]

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Forex Reserves News

Chinese Premier: China hopes world's major reserve currency will maintain stable [30 Nov 2009 - 01:30]
Alternative World Reserve Currencies to the U.S. Dollar Part 2 [29 Nov 2009 - 22:51]
Forex reserves dips by $1.03 bn to $285.34 bn [27 Nov 2009 - 16:21]
Forex reserves fall to $285.34 billion [27 Nov 2009 - 15:35]
Forex reserves kitty down by USD 1,032 mn [27 Nov 2009 - 14:55]

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