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The Central Bank of Nigeria has reduced the limit as to how much banks can borrow in foreign currency, from 200% to 75% of the shareholder's funds. This means that the banks are less able to stimulate the country's currency through purchasing foreign currency, leaving the exchange rate in the hands of the government and central bank, as well as foreign currencies.

This article highlights a policy made by the central bank that aims to limit the amount of foreign currency that Nigerian banks are allowed to own foreign currency. Fears are that otherwise the Nigerian currency will depreciate, making the Nigerian economy more dependent upon foreign currencies.

This is an interesting article talking about how many people don't change their currencies after holidays. Of course, for each household, the amount may not be that big, but the collective £3 billion is a lot of unused money in the economy!

Due to severe financial problems and economic instability, Zimbabwe now accepts 8 different currencies from foreign countrys, including their own. The hyperinflation causes injections of foreign money and leakage of Zimbabwe's own money.

This article discusses how the foreign currency exchange market is in a period of very little activity. This is due to the incredibly stagnant interest rates across countries, which has seldom been so stable. It also details banker's crooked abuse of the system.

In this article, Argentina is said to have devaluated their peso so much to preserve international reserves. In the process however, the country has had to experience other problems such as paying back foreign creditors, the decrease of bods, and the growth of the illegal black market.

The U.S. economy still seems to exceed over the rest of the world. However, American policy makers are now allowing certain other countries to reach for prosperity even at their expense. The rest of the article talks about how this and other changes in the economies are affecting the currency values of different countries.

This article details how the exchange rate between the British Pound and the American Dollar has changed significantly amid reports of a slowing UK economy juxtaposing a steady US economy.