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
The Investor & Exporter (I&E) forex window recorded a surge in dollar turnover by 46.69% to $123.25 million on Monday from $84.02 million reported on Friday....
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 Nigerian naira’s exchange rate to the US dollar has remained a cause for concern as the exchange rate hovered around N1000/$1. Earlier this week, Investors...
As of September 8th, 2023, the dollar to naira exchange rate is 1 USD to 927 NGN at the black market. This means that for every...
As of September 6th, 2023, the dollar to naira exchange rate is 1 USD to 925 NGN at the black market. This means that for every...
The Naira took a significant hit on Thursday as it declined by 3.32 percent to N762.71 per dollar on a weaker-than-expected liquidity level at the official foreign...
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...