By Michael NwadikeTHE decision of the Central Bank of Nigeria (CBN) to permit participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign Exchange Market has triggered massive ...
…Stronger dollar supply, reform momentum, global calm boost FX outlookBy Uche UsimThe naira continued its upward march on Tuesday, appreciating to N1,337 per dollar at the official foreign exchange ...
Looking forward, high-impact UK data thins out on Thursday, potentially leaving GBP traders to focus on a mid-tier release from the Confederation of British Industry (CBI). The latest industrial ...
Nigeria Customs Service (NCS) has dispelled market speculation over foreign exchange rates used for cargo valuation, insisting that it applies only official rates supplied by the Central Bank of ...
As American and European policymakers know well, global currency dominance and exchange rate movement are different things. But there's a decent argument that Europe's push to widen euro usage ...
The management of the Nigeria Customs Service (NCS) has clarified how foreign exchange rates are applied in its import and export valuation, stressing that it neither determines nor alters exchange ...
Asian currencies were mixed against the dollar in early trade, but could be supported by prospects of Fed rate cuts that typically bolster risk sentiment.
Borderless.xyz tracked nearly 94,000 rates in January, finding single-provider corridors often exceeded 13% in conversion spreads.
U.S. stocks are flirting with a record following an encouraging report on the nation's job market. The S&P 500 rose 0.5% Wednesday and is sitting just below its all-time high ...
Charles Gave at Gavekal Research points out that the 220-basis-point premium on five-year U.S. Treasury yields over equivalent Chinese bonds would effectively be eaten up by another 10% drop in the ...