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Investors have valid reasons to be concerned about wild swings in the global currency market over the past few days, ...
This decision is a pragmatic step, regardless of whether it was motivated by the necessity of meeting IMF program conditions ...
Central bank will keep intervening in the forex market through dollar buy-sell and a currency band will be maintained ...
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 ...
By Elizabeth Adegbesan The naira yesterday depreciated to N1, 635 per dollar in the parallel market from N1,625 per dollar on ...
US President Donald Trump’s efforts to “rebalance” global trade have spooked Wall Street, disquieted US Treasuries and sent ...
Nigeria’s currency, the naira, appreciated against the US dollar at the official foreign exchange market on Monday, closing at N1,597.7/$1, ...
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 ...
According to Dow Jones Market Data, this was the largest move on record for the currency pair going back to at least 2007. Other Asian currencies, like the South Korean won (USDKRW), also surged ...