The naira dropped against the dollar at the parallel foreign exchange market to resume this week on Monday. According to a ...
Frontier markets are well represented in investors’ allocation to USD markets, but not so much in local currencies. Click to ...
The Bangladesh Bank (BB) is not moving away from the crawling peg mechanism to a free-floating exchange rate regime right now to “avoid any speculative role” by foreign currency market aggregators.
The currency market is primarily focused on one thing for now, and that is uncertainty about tariffs, said BofA Securities strategist Alex Cohen, who added that "all indications point to some formal ...
Hedging against currency depreciation is a strategic approach used by businesses, investors, and individuals to protect ...
The Nigerian naira is at its strongest level in the unofficial market this year amid improved market fundamentals and ongoing ...
U.S. President Donald Trump's initial tariff actions against Canada, Mexico and China sparked a rise in broad market ...
Conversely, at the parallel foreign exchange market, the Naira retained its position at N1,610 per dollar on Monday, ...