AS risk aversion in global stock markets eases and concern over the economic leadership of South African President Jacob Zuma gradually subsides, the rand, one of Zimbabwe's key multi-currencies, last week peaked to a 7-month high against the United States

Following the Central Bank of Nigeria's decision to lift restrictions on the inter-bank foreign exchange market three months from now and increase weekly forex sales to bureau de change operators, the naira has appreciated as much as 12 percent against

The first part of this article was published in this column last week with the title "THE MOTHER AND FATHER OF FUEL PRICES (1)". In that piece, we observed that both the federal government and the NLC appreciated the benefits

RESERVE Bank governor Tito Mboweni took the unusual step of intervening personally yesterday to halt a sustained rand rally, warning its strength might be "unwelcome" for SA's shrinking economy.

Finance Minister Tendai Biti says the government is weighing up the prospect of using the South African Rand as Zimbabwe's official currency. The country is currently using a system of multiple currencies which resulted in the local currency dying a