Hoping to stabilize the rupee, India has agreed to a $75 billion currency swap with Japan, according to reports on Monday (Oct. 29). “The deal will help the two countries to swap their currencies for U.S. dollars to stabilize the rupee, which has witnessed the...
December 29, 2019
Ghana is looking to drop its currency, the cedi, to join the new West African currency called “eco,” anticipated to replace the CFA franc as early as 2020, Reuters reported. Ghana is not part of the West African Economic and Monetary Union (UEMOA), which is largely comprised of former French colonies. “We, in Ghana, are […]
October 29, 2018
Hoping to stabilize the rupee, India has agreed to a $75 billion currency swap with Japan, according to reports on Monday (Oct. 29). “The deal will help the two countries...
