This decision is a pragmatic step, regardless of whether it was motivated by the necessity of meeting IMF program conditions ...

Investors are right to be concerned that the wild swings in the global currency market seen over the past few days could ...

Nigeria's currency, the naira, continued to appreciate against the dollar at the official exchange market on Tuesday. The ...

The naira appreciated by N5.72 across foreign exchange (FX) markets after trading on Monday. The dollar was quoted at N1,600.43, marking a gain of 0.4 per cent compared to N1,606.15 seen on Friday at ...

At the interbank foreign exchange market, the rupee opened at 84.70 and fluctuated between an intra-day high of 84.62 and a low of 85.48 against the greenback. It ultimately closed the session at ...

Foreign exchange market speculators are at the receiving end of fresh regulatory actions aimed at stabilising the exchange rate, FELIX OLOYEDE writes The exchange rate plays a significant role in ...

Central bank will keep intervening in the forex market through dollar buy-sell and a currency band will be maintained ...

By Elizabeth Adegbesan The naira yesterday depreciated to N1, 635 per dollar in the parallel market from N1,625 per dollar on ...

South Korea's foreign exchange reserves dropped to the lowest level in five years in April, caused by market stabilising ...

According to Dow Jones Market Data, this was the largest move on record for the currency pair going back to at least 2007. Other Asian currencies, like the South Korean won (USDKRW), also surged ...

Investors have valid reasons to be concerned about wild swings in the global currency market over the past few days, according to one market veteran. Since late 2022, Stephen Jen, chief executive ...