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 ...

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 ...

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 ...

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 ...

Other markets also showed wide ranges, with volatility at times on a par with the 2008/09 global financial crisis and the ...

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 ...

By Elizabeth Adegbesan The naira yesterday depreciated to N1, 635 per dollar in the parallel market from N1,625 per dollar on ...

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 ...