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This decision is a pragmatic step, regardless of whether it was motivated by the necessity of meeting IMF program conditions ...
The naira, again appreciated drastically against the dollar at the official foreign exchange market to end Wednesday on a ...
Nigeria's currency, the naira, continued to appreciate against the dollar at the official exchange market on Tuesday. The ...
Other markets also showed wide ranges, with volatility at times on a par with the 2008/09 global financial crisis and the ...
The naira appreciated by N5.72 across foreign exchange (FX) markets after trading on Monday. The dollar was quoted at N1,600.43, marking a gain of 0.4 per cent compared to N1,606.15 seen on Friday at ...
Nigeria’s currency, the naira, appreciated against the US dollar at the official foreign exchange market on Monday, closing at N1,597.7/$1, ...
Central bank will keep intervening in the forex market through dollar buy-sell and a currency band will be maintained ...
Bangladesh has moved to a more flexible, market-oriented exchange rate system, easing pressure on foreign exchange reserves and meeting a key condition tied to a $4.7 billion loan programme with the ...
By Elizabeth Adegbesan The naira yesterday depreciated to N1, 635 per dollar in the parallel market from N1,625 per dollar on Tuesday. The Naira has recorded a 1.8 percent or N29 depreciation in the ...
Investors have valid reasons to be concerned about wild swings in the global currency market over the past few days, according to one market veteran. Since late 2022, Stephen Jen, chief executive ...
The global cryptocurrency market is witnessing a strong surge on May 12, 2025. Bitcoin, the world’s largest digital currency, ...
The People's Bank of China (PBC), the central bank, and the Central Bank of Brazil on Tuesday signed a memorandum of ...