Pound Jumps Amid Speculation U.K. Can Reach Single-Market Deal The pound rose as investors seized on the prospect of the U.K. retaining preferential access to the...
Naira Falls to N480/$ on Parallel Market on FX Scarcity The naira depreciated to N480 to the dollar on the foreign exchange (FX) parallel market wednesday,...
Forex Weekly Outlook November 28 – December 2 The US economy continues its progress ahead of Federal Reserve rate decision next month, boosting the U.S dollar...
Naira Weakens to 470 on Fresh Dollar Scarcity The naira weakened to 470 on Thursday, from 465 on Wednesday, as fresh dollar scarcity hit the official...
Turkey Central Bank Unexpectedly Raises Rates on Lira Plunge Turkey’s central bank unexpectedly raised its one-week repurchase and overnight lending rates for the first time in...
ECB Says It Can Shield Euro Area From Global Finance Instability The European Central Bank is confident it will be able to continue shielding the euro...
Stakeholders Urge CBN to Liberalise Forex Market Stakeholders in the financial services industry have urged the Central Bank of Nigeria (CBN) to liberalise the foreign exchange...
Naira Weakens Against Dollar as CBN Maintains Benchmark Rate The Naira on Tuesday weakened against the dollar few hours after the CBN maintained its benchmark interest...
CBN Cannot Meet Forex Needs as Monthly Demand Hits $4.8b The Central Bank of Nigeria (CBN) has said it cannot meet the country’s monthly demand for...
Naira Appreciates at Interbank Market The Naira on Monday gained 50k to exchange at N305.00 to a dollar at the interbank market. The Nigerian currency had...
