RBA’s Lowe Keeps Benchmark Interest Rate at 1.5% The following is a reformatted version of a statement published Tuesday on the Reserve Bank of Australia’s website,...
Pound Falls for Second Day as Stops Hit, Construction Slows The pound declined for a second day against the dollar, tumbling 48 pips in four minutes...
CBN Disburses $240 Million Forex to BDCs, Others Today The Central Bank of Nigeria (CBN) resumes this week’s foreign exchange market intervention today with a disbursement...
Forex Weekly Outlook April 3-7 The US economy expanded more than previously estimated in the final quarter of 2016, growing at 2.1 percent annualized rated instead...
CBN Moves on Forex to Boost Economy Nigeria’s central bank has made moves to strengthen the naira currency to boost domestic manufacturing and lift the economy...
Pound Slips on Brexit Day; European Stocks Drift European stocks and U.S. share futures struggled for direction as a bounce on optimism over the American economy...
Forex Weekly Outlook March 27 – 31 The US dollar slid to its lowest in 4 months on Wednesday following Donald Trump failed health care bill...
Parallel Market Rate Falls to N378 as Speculators Lose More At last, the Naira was exchanged at the parallel market yesterday at N378 to a dollar...
Naira Extends Gains, Moves Towards Convergence with FX Rate for Invisibles Currency speculators and others who had stockpiled the greenback continued to count their losses on...
Black Market Operators Lose as Naira Trades at N400/dollar Following the Central Bank of Nigeria’s intervention in foreign exchange, the Naira traded N400 to a dollar...
