LAGOS, Nigeria (Reuters) – Lebanon’s central bank on Wednesday cut the benchmark lira, which is the only legal tender in Lebanon, to 6,000 dinars as the OPEC cartel agreed to freeze output for a second straight month.The move, seen as a significant blow to OPEC’s attempts to revive prices, is likely to prompt a second…
Tag: aud currency
Botswana to start exchange of cash for euros at ATMs
Botswana has begun the process of converting its cash into euros at the country’s ATMs, which is expected to bring faster cash flow to the economy and help the country cope with a shortage of cash.Botswana’s central bank says it has recorded 3.5 billion euros ($4.5bn) in cash transactions, which means it will be worth…