Internewscast

Tag : Currency

African News

One killed in Sudan as thousands rally for faster reform

InterNewsCast
One person was killed and several others injured during largely peaceful demonstrations in Sudan on Tuesday, a government spokesman said, as tens of thousands of...
News

Poor Countries Face a Debt Crisis ‘Unlike Anything We Have Seen’

InterNewsCast
From Angola to Jamaica to Ecuador to Zambia, the world’s poor countries have had their finances shredded by the global pandemic. The president of Tanzania...
African News

US: Malta seizes $1 billion in counterfeit Libyan money

InterNewsCast
Maltese authorities have seized counterfeit Libyan money worth $1.1 billion that was printed by a Russian firm and worsen the north African country’s economic problems,...
Business Finance

Nigeria’s central bank levies $3.9 billion on banks to soak up liquidity, support Naira

InterNewsCast
Nigeria’s central bank has collected 1.4 trillion naira ($3.9 billion) from banks with excess cash holdings as part of measures to support the currency, banking...
News

Facebook-Backed Libra Cryptocurrency Project Is Scaled Back

InterNewsCast
OAKLAND, Calif. — When Facebook unveiled its Libra cryptocurrency project last June, the social networking company described it as a futuristic global money that could...
Business

South Africa’s rand falls as deep recession fears weigh

InterNewsCast
South Africa’s rand fell early on Thursday, as concerns of a deep economic downturn due to the COVID-19 pandemic rattled already shaky risk appetite. At...