This was the key reason for devaluing the naira and embarking on FX reforms,” she said.The dollar falls in markets as the ...
The Naira yesterday sustained its upward trend rising to its highest level in seven months in the parallel market, where it ...
Asian shares slid on Tuesday amid worries about U.S. investment curbs on China, while a run-up in the euro faded as investors ...
The gold surge is the expression of tensions and contradictions building up in the global financial system, accelerated by ...
LAGOS – An optimistic inflation trajectory outlook, supported by the naira appreciation developments in the foreign exchange market, would determine future MPC’s potential rate cut at the May policy ...
Oyalowo said the interventions have helped to stabilise the Foreign Exchange (FX) market and the naira, in a statement he ...
U.S. stocks are recovering some of their sharp losses from last week. The S&P 500 rose 0.3% in early Monday trading.
Economist, Bismark Rewane, has backed the Central Bank of Nigeria’s (CBN) foreign exchange policies, stating that supporting an undervalued currency ...
U.S. stock indexes are drifting following their sharp losses from last week. The S&P 500 slipped 0.4% Monday after losing an early gain. The Dow Jones Industrial Average dipped 30 ...
The Indian rupee is likely to decline at open on Tuesday in the wake of renewed worries over U.S. tariffs, which helped the ...
China’s strategy of defending its currency by choking local liquidity is sending ripples throughout the financial system, squeezing banks and fueling losses at bond funds.Most Read from BloombergTrump ...
Citadel Securities is shifting its stance on cryptocurrency and plans to enter the market as a liquidity provider for digital ...