African Nations Intensify Efforts Against Speculative Currency Trading African governments from Zambia, Zimbabwe, Nigeria, and South Sudan are cracking down on street currency dealers to defend their currencies from speculative trading, resulting in bans, arrests, fines, and revised regulations. Despite these efforts, parallel markets with more widely used exchange rates persist. Recently, Ghana joined the crackdown by imposing new rules on street dealers and setting up a task force to enforce compliance, as announced by Governor Ernest Addison. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts BofA Sees 75 bps Q4 Cut as Fed Signals Easing Cycle READ MORE U.S. Economic Growth Hits 3.2% in Q4, Marking Six Quarters of Sustained Expansion READ MORE McDonald’s CEO Promises ‘Affordability’ Amid $18 Big Mac Combo Backlash READ MORE S&P 500 Nears Worst Month in Over a Year as Rising Yields Signal Inflation Concerns READ MORE Citadel Strikes Gold in Commodities: Over $4 Billion Earned in 2023 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment