HONG KONG/LONDON, June 17 (Fitch) Nigeria’s planned shift to a more flexible foreign-exchange regime could aid the sovereign’s adjustment to lower oil prices and support growth,...
The International Monetary Fund weighed in once more with its thoughts on Britain’s referendum, warning the U.K. could slide into a recession if it quits the...
A potential U.K. exit from the European Union next week may have far-reaching implications for the $5.3 trillion-a-day currency market. Add to that list Japan’s currency...
Understanding Key Aspects of CBN’s New Forex Guidelines The Central Bank of Nigeria has been hailed by analysts for abandoning its Naira peg rate for...
Here are the 13 key points of CBN’s new forex policy announced on Wednesday. 1. The forex market is to operate as a single market structure...
Bank of Canada Senior Deputy Governor Carolyn Wilkins planned to help companies develop new technologies to protect consumers and avoid market crashes. The Deputy Governor said...
Canada’s inflation rose at a moderate 1.5 percent annualized rate in May, down from 1.7 percent in April. That was short of economists forecast of 1.6...
Nigerian Stock Market Gains N205bn Nigerian stock market gained N205 billion on Thursday after 32 firms made the gainers chart. The Nigerian Stock Exchange All-Share Index...
Japan is headed for another lost decade as the economy faces prolonged stagnation and the yen will probably strengthen more as deflation continues, Moody’s Analytics said....
Asian Stocks Rebound as Weaker Yen Boosts Topix Asian stocks rose on Friday as a weaker yen boosts Topix amid speculation that the U.K. won’t...