Yuan Weakens To 7.1891 Against Dollar

The central parity rate of the Chinese currency renminbi, or the Yuan, weakened nine pips to 7.1891 against the dollar on Tuesday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan can rise or fall by two per cent from the central parity rate each trading…

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Africa Loses $18bn Annually Due To Conflict: African Union

Kenyan President William Ruto, the champion of the African Union (AU) institutional reforms, on Monday said conflicts is hindering Africa’s potential, resulting in estimated losses of 18 billion dollars annually, displacing millions of people. Ruto, said Africa currently hosts 35 million internally displaced persons, 8.9 million refugees, 1.1 million asylum seekers, and 1 million stateless…

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