Ghana, Nigeria: Sub-Saharan Africa Bond, Currency Preview

Posted by on March 22, 2010 at 8:30 pm in Business, Financial Institutions

By Garth Theunissen

(Bloomberg) — The following events and economic reports may influence trading in sub-Saharan African bonds and currencies today. Bond yields and exchange rates are from the previous session.

Democratic Republic of Congo: The central African nation’s planning minister is expected to comment on new transparency initiatives.

The Congolese franc fell 0.3 percent to 912.6384 per dollar as of 4:13 p.m. in the capital, Kinshasa.

Ghana: Ghana hosts an oil and gas conference.

The Ghanaian cedi lost 0.5 percent to 1.4270 by 4:37 p.m. in the capital Accra.

Nigeria: The government will hold an oil and natural gas forum with foreign companies.

The naira gained 0.3 percent to 149.6 to the dollar as of 4:36 p.m. local time.

–Editor: Antony Sguazzin,

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