CurrenciesTanzanian shilling hits all-time low against dollarAugust 17, 202350Dar es Salaam. Tanzanians are now forced to dig deeper into their pockets to pay for imports and other foreign...
CurrenciesWhy is the British pound rising against the US dollar?April 17, 202386Living in the UK, you’d be forgiven for feeling woeful about the country’s economy. Soaring inflation, which reached 10.4% in...
CurrenciesWhy is Kenya running out of US dollars?March 7, 202390Kenya is facing an acute foreign exchange crunch, with US dollar reserves dropping to their lowest in eight years as...
CurrenciesHere’s where the strong dollar is making luxury goods cheaperNovember 9, 202299Shoppers who buy a mid-length Kensington trench from Burberry in the UK will pay 1,790 GBP or $2,052. The same...