The naira dropped against the dollar at the parallel foreign exchange market to resume this week on Monday. According to a ...
Frontier markets are well represented in investors’ allocation to USD markets, but not so much in local currencies. Click to ...
The Bangladesh Bank (BB) is not moving away from the crawling peg mechanism to a free-floating exchange rate regime right now to “avoid any speculative role” by foreign currency market aggregators.
The naira's rally in the official and parallel markets has seen speculators losing over N10,000 as they rush to offload their ...
The Nigerian naira is at its strongest level in the unofficial market this year amid improved market fundamentals and ongoing ...
The Federal Reserve's two-day meeting begins on Tuesday where it's expected to keep interest rates steady. Investors will look for any hints on whether a rate cut could happen soon if inflation eases ...
Tejas Dessai, Director of Research at Global X ETF's, sees AI infrastructure spending as a long-term trend, arguing that ...
A deadline for U.S. tariff hikes on two of its top trading partners has global currency markets braced for increased ...
Stay updated with a weekly recap covering market movements, economic insights, top news, and geopolitical events shaping the ...
An unofficially imposed mechanism has upset the foreign exchange market, undermining the intent of liberalisation. After a nudge from the International Monetary Fund, the central bank ditched the ...
Also Read: RBI Policy: What should be investors’ strategy in stock, bond, and currency markets ahead of MPC’s repo rate decision? The rupee plunged 36 paise to close at an all-time low of 87. ...