This was the key reason for devaluing the naira and embarking on FX reforms,” she said.The dollar falls in markets as the ...
Elliott Wave Chart of BYD above shows the stock is rallying higher within wave (III). Wave (I) ended at 333 and pullback in ...
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 ...
Free Transfers, No Fees, Competitive Exchange Rates Request a quote today! In the world of currency markets, currency pairs or forex (foreign exchange) pairs, and how they move, are the be all and ...
Domestic equity benchmarks continued their losing streak for the fifth straight day on Monday, taking cues from Wall Streets sharp decline on Friday. The sell-off in U.S. equities was driven by fears ...
The fundamental dilemma facing Malhotra is simple: inject too much liquidity, and inflation could spiral; inject too little, ...
U.S. stocks are recovering some of their sharp losses from last week. The S&P 500 rose 0.3% in early Monday trading.
Oyalowo said the interventions have helped to stabilise the Foreign Exchange (FX) market and the naira, in a statement he ...
The buying price for a currency exchange rate, also known as the bid price, can be thought of as the exchange rate at which the MARKET is willing to BUY at. The selling or 'ask' rate is the ...
Oracle's currency headwinds in 3Q are expected to alleviate due to the weak dollar over the past few weeks. Check out why I ...
Cryptocurrency markets have experienced a resurgence, with Bitcoin (BTC) reclaiming the $97,000 mark, sparking optimism ...
Large currency speculators in the Euro futures market continue to stay net short, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC).