CBN Injects $210m Into Interbank Forex Market The Central Bank of Nigeria on Tuesday said it injected the sum of $210m into the interbank foreign exchange...
Oil Hits Multi-year High on Tight Supply, Iran Sanctions Oil prices hit a 3-1/2-year high on Tuesday, supported by tight supply and planned U.S. sanctions against...
Euro Stuck Near 4-Month Low as US Bond Yield Rise Supports Dollar The euro remained stuck near 4-month lows on Tuesday after weaker-than-expected economic growth out...
Naira Bid-offer Spread Widens on Tight FX Liquidity The gap between Nigerian banks’ bids to buy and sell the naira to investors is widening due to...
The RBNZ Cuts GDP and Inflation Forecast The Reserve Bank of New Zealand (RBNZ) left interest rates unchanged at 1.75% for a 19th consecutive month in...
BOE Keeps Interest Rate on Hold as Inflation Seen Cooling Faster The Bank of England kept interest rates on hold after a first-quarter economic slump and...
U.K. Manufacturing Drops for Second Straight Month Manufacturing output in the U.K. fell for the second straight month in March, in a further signal of torpid...
FX Market Gets Fresh $210m CBN Intervention The Central Bank of Nigeria (CBN) on Tuesday boosted the interbank foreign exchange (FX) market with another sum of...
Australian Retail Sales Flat in March; Aussie Drops Australia’s retail sector failed to sustain growth in March after better than expected sales number in February. According to...
Naira Weakens Marginally Against Dollar at Parallel Market The Naira on Monday weakened marginally against the dollar at the parallel market in Lagos, the News Agency...
