Naira Falls to 497 as Dollar Demand Rises The naira fell to 497 against the United States currency at the parallel market on Friday as dollar...
Malaysia to Consider More Steps to Stabilize Ringgit If Needed Malaysia’s central bank will consider introducing more measures to stabilize the ringgit if needed as previous...
Naira Hits N495/Dollar as Forex Scarcity Lingers The Naira on Thursday depreciated further at the parallel market, ebbing close to the projection of speculators, the News...
‘Cartel’ Currency Traders Charged in Market-Rigging Case U.S. prosecutors charged three ex-traders at the heart of a criminal investigation that has ensnared the world’s biggest banks...
BDCs Urge FG to Harmonise Multiple Exchange Rates The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged Central Bank of Nigeria (CBN) and...
Naira Gains on Low Market Activity The Naira appreciated against the U.S. dollar on Monday, after about two weeks of losses. The local currency gained N3...
Bitcoin Extends Loss After China’s Central Bank Warns Investors Bitcoin extended Friday’s tumble amid concern China will tighten rules on the digital currency to curb capital...
Offshore Yuan Falls for Second Day The yuan’s volatile start to 2017 showed no signs of abating, with the offshore currency tumbling for a second day...
Forex Weekly Outlook January 9-13 The U.S dollar rebounded last week after job data showed the economy added just 156,000 jobs in December. Even though, this...
Yuan Pares Record Rally The offshore yuan pared its record weekly rally as China’s central bank raised its daily fixing less than projected and some analysts...
