Search

Rwanda rolls out multicurrency trading to attract global investors

The Central Business District of Kigali, Rwanda. Photo by Andreas @ Pixabay
The Central Business District of Kigali, Rwanda. Photo by Andreas @ Pixabay
  • Rwanda opens stock market to multicurrency trading
  • Move aims to attract more foreign capital

 

KIGALI, RWANDARwanda has approved multicurrency trading on its stock exchange, a shift aimed at reducing forex risks for foreign investors.

The Capital Market Authority’s new directive allows the Rwanda Stock Exchange (RSE) to list, issue and trade securities in multiple currencies for the first time—departing from the long-standing rule that all transactions be denominated in the Rwandan franc.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


By signing in, you agree to receive Allen Dreyfus newsletters and updates. You can unsubscribe at any time.

Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

View of the San Antonio Maersk Container Ship in the Port. Photo by Wolfgang Weiser @Pexels
Nigeria has ship finance. Where are the vessels?
Read More »
Dakar, Senegal © Unsplash
Senegal’s debt reckoning tests Africa’s restructuring red lines
Read More »
Street scene in Johannesburg, South Africa. Photo by Yiğit KARAALİOĞLU @ Pexels
Can Europe make South Africa’s metros investable? Execution matters
Read More »

Latest Posts

Latest news insights