Zimbabwe has run out of passports and vehicle registration number plates, forcing citizens to wait for long periods to get them, fueling another sign of a desperate shortage of U.S. dollars in the southern African nation.

The dollar rose on Wednesday as expectations dwindled for aggressive cuts in U.S. interest rates after comments by Federal Reserve officials.

The dollar hit a multi-month low against the euro and the yen on Tuesday on the prospects of monetary easing by the Federal Reserve while the safe-haven Swiss franc and gold rose on Middle East tensions.

The dollar was on the back foot on Monday after sustaining its biggest weekly drop in four months last week as traders remained cautious about the prospects of trade talks between the United States and China at this week’s G20 summit.

The dollar weakened against its rivals on Tuesday, heading back toward a recent three-month low before a U.S. Central Bank meeting gets underway with expectations growing the Fed will signal its first rate cut in a decade.

The old adage is that “nothing is small or big otherwise by comparison”. Indeed, time it was when: Our Naira was stronger than the Dollar. At some point in the past it was 95k (less than N1) to $1, but now it is N365 to $1. Begging was an abomination, but now it is the…

The British pound rose against the dollar Wednesday after Prime Minister Theresa May offered cross-party talks with the leader of the opposition Labour Party, Jeremy Corbyn, in a political gamble aimed at resolving the Brexit impasse.

The Naira on Friday gained against the dollar at the investors window, exchanging at N360.18 to the dollar.

The dollar edged lower versus its peers on Wednesday, as rising hopes of a breakthrough in U.S.-China trade talks led investors to put money into the euro and Asian currencies.

Amid criticisms of slow budgetary implementation, the Minister of Budget and National Planning, Senator Udoma Udo Udoma, told select senior editors in Lagos that due to the long term nature of some infrastructure development, significant impact will be felt once the projects are completed. He also used the forum to speak on the benefits of…

The dollar was broadly steady in thin year-end trading on Monday with the Australian dollar leading gainers as tensions over a trade dispute between the United States and China faded on expectations of progress in trade talks. The Australian dollar gained 0.4 per cent to $0.7063 but on the year is down 10 per cent.…

The dollar rose for a third consecutive day on Wednesday as U.S. Treasury yields rose before a Federal Reserve meeting where it is widely expected to raise interest rates for the fourth time this year.