Enterprise Television- African Markets Highlight Today March, 13
The following company announcements, scheduled economic indicators, debt and currency market moves which may affect African markets today.
For the top emerging markets news
Nigeria’s central bank says: it had injected $210 million into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.
The statistics office to release fourth quarter 2017 gross domestic product data.
SOUTH AFRICA’S MARKETS
South Africa’s rand steadied today, holding on to gains notched up in the previous session as a benign U.S. jobs report eased worries about inflation and faster rate hikes.
Traders says: The Kenyan shilling strengthened today, helped by dollar inflows from offshore investors interested in buying government bonds.
The head of the Cocobod marketing board say: Ghana may only produce around 700,000 tonnes of cocoa this season, well short of its initial forecast of 850,000 tonnes, due to poor rains during the main crop harvest.