Gold boom lifts Africa’s reserves to $530 billion
The jump highlights how African economies are adjusting reserve strategies as currency volatility, inflation risks, geopolitical tensions and tighter global financing conditions continue to pressure emerging markets.
SA rand, Nigerian naira ranked among global currencies soaring against US dollar
The South African rand and Nigerian naira have been ranked among the global currencies posting strong gains against the U.S. dollar over the past year, reflecting shifting market dynamics and improving domestic conditions.
Ceasefire relief: What the US-Iran truce means for oil, equities and currencies
A fragile US-Iran truce has sparked a sharp market relief rally, but six weeks of conflict damage means full recovery remains uncertain.