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 ...

Nigeria's currency, the naira, continued to appreciate against the dollar at the official exchange market on Tuesday. The ...

At the interbank foreign exchange market, the rupee opened at 84.70 and fluctuated between an intra-day high of 84.62 and a low of 85.48 against the greenback. It ultimately closed the session at ...

The dollar index, which measures the US currency against a basket of six major currencies, was down 0.20 per cent at 101.58 ...

Forex trading involves buying and selling currencies on the global, decentralized, over-the-counter foreign exchange market. With daily turnovers averaging around $6 trillion, the forex market is ...

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 ...

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 ...

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 ...