On 21 August, the Angolan kwanza traded at AOA 589.0 per USD. This marked a 5.4% month-on-month depreciation, while the...
News Category: Exchange Rate
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Angola: Kwanza continued to depreciate in August due to Covid-19 and low oil prices -
Nigeria: Central Bank weakens currency again in July The Central Bank of Nigeria (CBN) weakened the official exchange rate for the second time on 7 July amid pressure... -
Brazil: Real loses some of its earlier gains in July The Brazilian real weakened in recent weeks, losing some of the previous month’s gains, following the Central Bank’s decision to... -
South Africa: Rand regains further lost ground in June The South African rand (ZAR) continued to recover ground lost against the U.S. dollar over the past month amid improving... -
Brazil: Real gains back ground amid improved market sentiment The Brazilian real recovered some ground against the U.S. dollar in recent weeks, largely reflecting a turnaround in investor sentiment... -
Mexico: Peso recoups some its steep coronavirus-induced losses in June Over the past month, the Mexican peso recovered some of the heavy losses suffered in March when it plunged to... -
Dominican Republic: Peso sinks amid weaker external sector and rising uncertainty The Dominican peso has fallen markedly against the USD in recent weeks, and on 12 June traded at 58.0 per... -
Kazakhstan: Tenge recovers lost ground in May Kazakhstan’s tenge (KZT) strengthened notably against the U.S. dollar in May and at the start of June, after having sunk... -
Russia: Ruble recovers some lost ground though early June The Russian ruble continued to regain ground against the U.S. dollar over the past month after sliding to a four-year... -
South Africa: Rand rebounds in May The South African rand (ZAR) recovered some lost ground against the U.S. dollar over the past month, chiefly thanks to...