The Governor also highlighted the CBE’s ongoing work to enhance the foreign exchange market, including the introduction of new tools to deepen market liquidity and improve efficiency ...
South Korea is discussing with the U.S. various ways to set up a bilateral foreign exchange swap line as part of a trade deal ...
Nigeria’s naira traded stronger on the official daily foreign-exchange window today while the parallel market remained around ...
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Asian shares skid after Wall Street tumbles to its worst day since April as China trade woes worsen
Asian shares have tumbled after escalating trade tensions with China shattered a monthslong calm on Wall Street. Markets in Tokyo were closed for a holiday.
The Backward Integration Policy (BIP) was created under President Olusegun Obasanjo to boost local sourcing of raw materials, ...
The foreign exchange (FX) market remained robust last week, recording a moderate gain across both the official and parallel ...
This week, Finzly, a provider of modern payment infrastructure for financial institutions, announced that its customers are ...
Price reversals are rare. Structural rigidities – like fixed input costs, entrenched markups, and behavioural inertia – act like glue in the system.
A monthslong calm on Wall Street is breaking, and U.S. stocks are falling after President Donald Trump threatened to crank tariffs even higher on China. The S&P 500 fell 1.2% ...
The U.S. Treasury has finalized a $20B currency swap framework with Argentina and directly purchased Argentine pesos (ARS:USD), sending the country's stocks soaring on Thursday. Treasury Secretary ...
Foreign exchanges moves between the U.S. dollar and the euro are something to worry about and we will keep monitoring it, ECB policymaker Pablo Hernandez de Cos said on Monday.
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