Understanding carry trade as an investment strategy
A carry trade is a popular strategy in the foreign exchange (forex) market that involves borrowing money in a currency ...
Sunday, May 11, 2025
Tag: Currency
Why the Kenyan government wants to print money
In August 2024, Kenya's central bank director announced that a German firm had been contracted to print 2.04 billion new ...
Kenya’s currency and dollar bonds weaken due to protests
On Tuesday, business operations across Kenya came to a halt as demonstrators flooded the streets to protest against the government ...
Key drivers that shape the strength of a nation’s currency
The strength of a country's currency is influenced by several interrelated factors, including economic indicators, market perceptions, and geopolitical events. ...
How a fake but verified X account misled East Africans with a phony currency reveal
A fake X account with a grey checkmark, indicating that it represents a government or multilateral organization, has caused confusion ...
Kenyan currency’s plunge: A double-edged sword for the economy
In the past year, the Kenyan currency has experienced a significant depreciation. Year-to-date, it has depreciated by 21.4%, currently trading ...
De La Rue urged to cancel Somaliland currency printing deal
A prominent activist and philanthropist is urging U.K. banknote printer De La Rue PLC to cancel a controversial $42 million ...
The Central Bank Of Kenya Prioritizes Stability Over Digital Currency
In a recent announcement, the Central Bank of Kenya (CBK) emphasized that the implementation of a digital currency is not ...
Adopt A Single Currency- Boost Economic Growth In Africa
The economies of most African countries are still struggling to reach their full potential despite having abundant natural resources and ...
