The Dollar has drifted lower against a basket of major currencies, ahead of the Federal Reserve decision later today, which is largely expected to conclude with an unchanged monetary policy.
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The value of the naira against the dollar is declining as bureaux de change operators say the US currency is getting scarce in the parallel market. This is despite several
The naira on Tuesday appreciated against the dollar, trading at N364 to $1 at the parallel market. The Nigerian currency gained N1, stronger than N365 posted on Friday, while the
The US dollar remained on the defensive early Thursday, after yesterday’s declines led by increased uncertainty over another US rate hike in 2017 and President Donald Trump’s fiscal agenda after abolishing
After three weeks of back-to-back losses, the dollar index received a boost following the robust US jobs report. Not only
Those hoping that the US dollar would be thrown a lifeline may be in luck, following the news that the
Six months ago it was hard to believe that the Greenback will be plummeting against all of its major peers.
Guarranty Trust Bank (GTB) says its customers can now spend as much as $1,000 for international transactions on naira cards.
It appears that equity markets have taken inspiration from the performance on Wall Street at the conclusion of last week,
After posting the biggest quarterly declines since 2010 many investors are questioning whether the dollar will finally attract some bulls.
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