It has certainly been an explosively volatile trading quarter thus far as investors juggled with global trade tensions, dollar strength and chaos across emerging markets. The simmering trade dispute between
Tag "dollar"
The naira may be affected by the ongoing financial turmoil which has seen the Turkish lira lose 40% of its value. The lira has been in turmoil over worries about
The Central Bank of Nigeria (CBN) has approved that Bureaux de Change operators and commercial banks should get foreign exchange at the same rate. Isaac Okorafor, CBN acting director, corporate
Fitch Ratings has affirmed Nigeria’s long-term foreign currency Issuer Default Rating (IDR) at ‘B+’ with a negative outlook. While B+ is encouraging as the nation continues to recover, the
It has been a painful week of trading for the dollar. The Greenback has essentially reversed its recovery from the
After months of ongoing speculation, the overnight climax with Jacob Zuma resigning from his position as President of South Africa
The bankers’ committee says commercial banks will no longer charge customers commission on retail foreign exchange transactions. Retail forex transactions
Investors who were itching for another opportunity to propel Sterling higher were given the green light on Wednesday after UK employment data
On Tuesday, President Muhammadu Buhari presented his third national budget since he became president. It was reminiscent of his previous
President Tayyip Erdogan of Turkey has advised D-8 countries to use their local currencies when trading with one another. Erdogan
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