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 naira dropped against the dollar at the parallel foreign exchange market to resume this week on Monday. According to a ...

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 ...

The Nigerian currency, Naira, continued its appreciation run against the dollar at the parallel foreign exchange market on Friday. According to a Bureau ...

A deadline for U.S. tariff hikes on two of its top trading partners has global currency markets braced for increased ...

The Nigerian naira showed significant stability in the first week of February 2025, trading below N1,555/$1 in the parallel market, ...

Any market relief that President Donald Trump had stopped short of hiking tariffs on U.S. trading partners immediately after ...

An unofficially imposed mechanism has upset the foreign exchange market, undermining the intent of liberalisation. After a nudge from the International Monetary Fund, the central bank ditched the ...

The private sector is to submit overdue invoices to the Bank of Mozambique as evidence of the shortage of foreign currency in the foreign exchange market. The decision was announced yesterday by the ...

Also Read: RBI Policy: What should be investors’ strategy in stock, bond, and currency markets ahead of MPC’s repo rate decision? The rupee plunged 36 paise to close at an all-time low of 87. ...