Nigeria's black market, often referred to as the parallel market, plays a crucial role in the country's economy. The exchange rates in this market differ significantly from the official rates set by the Central Bank of Nigeria (CBN). As of August 2024, the black market exchange rate for the Nigerian...
Fuel prices in Ethiopia during 2020 were a significant point of concern for the government and the public alike. The year was marked by economic difficulties exacerbated by the COVID-19 pandemic, which heavily impacted global oil prices and, in turn, local fuel prices.Ethiopia, like many other count...
Vietnam's currency, the Vietnamese Dong (VND), has a fluctuating exchange rate against the U.S. Dollar (USD), influenced by various global and domestic factors. Understanding the dynamics of this exchange rate is crucial for businesses, investors, and travelers.1. Overview of the Vietnamese Dong (VN...
In September 2023, Ethiopia experienced significant fluctuations in fuel prices due to various economic and geopolitical factors. The price of fuel, including petrol and diesel, is a critical issue in Ethiopia, impacting transportation costs, inflation, and the overall economy. This article provides...
