The drop in the mostly US dollar deposits came during a period when the local shilling remained largely stable.

National Treasury Principal Secretary Chris Kiptoo said the shilling could continue to grow in strength if the Central Bank ...

It will add the Uganda shilling, Tanzania shilling, Rwandan franc and Ethiopian birr to the multicurrency card.

South Africa's Finance Minister Enoch Godongwana has been forced to postpone the unveiling of the national budget following ...

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The USD/ZAR is trading near the 18.39000 ratio as of this writing, which is approaching important one month support levels as ...

South Africa’s rand was little changed early on Wednesday, ahead of the 2025 national budget speech to be delivered by the ...

As South Africa strengthens ties with Iran, China, and Russia while challenging Israel at the ICJ, experts examine whether ...

covering the US Dollar (USD) to South African Rand (ZAR) conversion. Converting US Dollar (USD) to South African Rand (ZAR) in 2025 with the best, worst and average exchange rates of the year ...

Despite these discussions, BRICS members do not intend to eliminate their dollar reserves, and Lula himself has softened his ...

Donald Trump’s return to the White House has been a boon to Asia’s currency markets as traders in the US and Europe respond to his late-night social media posts and announcements by logging on to the ...

The dollar’s prowess in global trade climbed in January, accounting for just over half of all the international ...