On Friday, the Nigeria Autonomous Foreign Exchange Market (NAFEM) witnessed a substantial decline in dollar sales, plummeting to $84.1 million from the previous day’s $331.1 million,...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of December 19th, 2023, the dollar...
The dollar made modest gains on Thursday, but it still faces the prospect of marking its most significant monthly decline in a year. This trend is...
The US dollar extended its decline, reaching the lowest level since early August as swap traders increased bets on a Federal Reserve interest rate cut as...
Global Markets React to Growing Confidence in Fed's Cautious Stance
Goldman Sachs Group Inc. strategists, led by Kamakshya Trivedi, predict a potential dimming outlook for the dollar in 2024. Despite the greenback’s current strength, up approximately...
The greenback is surging toward a three-month high, leaving traders contemplating the possibility of enduring high-interest rates. This surge comes just ahead of Federal Reserve Chair...
