The Aussie is outperforming its major peers early Tuesday after the Reserve Bank of Australia held interest rates steady at 1.5%. This move was widely anticipated and many market participants
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The Central Bank of Nigeria (CBN) on Monday pumped another $367,134,329.93 into the foreign exchange market, TheCable has learnt. The bank said the fresh round of retail interventions in the interbank
For the first time since eight days ago when the Central Bank of Nigeria (CBN) adjusted the foreign exchange policy, the naira maintained its rate of N450 to a dollar at
The drastic appreciation of the naira must be supported with devaluation or proper free-float of the local currency, else, the gain will only be a stop-gap, Bloomberg is reporting. Quoting
The naira on Monday continued to strengthen against the dollar and other major currencies, gaining N10 to exchange at N450 to
The Central Bank of Nigeria (CBN) has pumped fresh $180 million into the foreign exchange market, in its bid to
The naira, which has been on a path of recovery, traded between 400 and 470 to the dollar at the
The largest economy in Africa received a pleasant surprise in February following its successful Eurobond issue which displayed a high
The Nigerian naira on Thursday recovered to N490 per dollar, as the fresh policy action from the Central Bank of
The naira moved to 515 per dollar on Tuesday, following the introduction of new policy actions by the Central Bank
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