South African Rand Caught In Global FX Shift

Eko Hot Blog reports that South Africa’s central bank Governor Lesetja Kganyago stated on Thursday that the rand found itself entangled in a global currency realignment beyond the bank’s influence. Kganyago, speaking in a webinar, expressed his primary concern about inflation and emphasized the bank’s monitoring of the exchange rate, particularly when it affects price … Read more

Stanbic IBTC Bank Wins Best Foreign Exchange Provider Award

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has emerged the Best Foreign Exchange Provider in Nigeria at the Global Finance World’s Best Foreign Exchange Provider Awards. The event held at RSA House in London recently. Ekohotblog understands Stanbic IBTC Bank PLC won the award having performed excellently in the following areas: … Read more