El Sisi: Egypt to End Its FX Exchange Problem
Tuesday, 23rd August 2016
Egyptian President, Abdel Fattah El Sisi, stated that Egypt would end its dollar exchange rate problem, as the country can’t put off tough measures to revive the economy, while the UAE offer a $1b deposit to the Central Bank of Egypt.
Nigerian President Rejects Currency Devaluation
Monday, 22nd February 2016
Nigeria's President, Muhammadu Buhari, has reiterated that the country will not devalue its national currency, the naira, in spite of the fact that it has dropped on the secondary market to the level of 360 per $1 in mid February.