The current trend is a source of worry to stakeholders. The widening gap between the official and parallel market rate ...
The naira returned to depreciation against the dollar at the official foreign exchange market on Tuesday. This comes as ...
The Nigerian naira strengthened by 0.16% in the foreign exchange market on Wednesday, March 19, 2025, trading at N1,530 from ...
At the interbank foreign exchange, the rupee opened at 85.93 against the greenback before gaining further to 85.86, marking a ...
Exchange rates fluctuate due to various influences, including economic indicators, geopolitical events, and monetary policies set by central banks. Before the much-anticipated announcement from the ...
A Record Rise In a surprising turn of events, the Oman Rial has emerged as the currency demonstrating the most substantial increase in value throughout the year. Factors contributing to this surge can ...
The Swiss National Bank will continue to use foreign currency market interventions if necessary, Chairman Martin Schlegel ...
The governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has said the Bank is beginning to see signs of progress in stabilising the foreign exchange (FX) market and curbing inflation, as ...
By Elizabeth Adegbesan The Naira yesterday appreciated to N1, 575 per dollar in the parallel market from N1,585 per dollar on ...
The global currency market and Asian stock market are assessing positive developments stemming not from the U.S., but China, according to currency strategist Peter Dragicevich at Corpay Cross-Border ...
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to cleaning up the foreign exchange (FX) market by eliminating bad actors and maintaining ...