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Tag "federal reserves"

Nigeria’s foreign reserves fall by $2.2bn in Oct — biggest monthly drop since 2015

    Nigeria’s foreign reserves fall by $2.2bn in Oct — biggest monthly drop since 2015

Defending the naira has become more expensive as Nigeria’s foreign reserves declined by $2.2 billion in October 2018 alone — the largest monthly drop since 2015. Data from the Central

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Dollar slips further from 10-week high; is the rally over?

    Dollar slips further from 10-week high; is the rally over?

The dollar index fell for a third consecutive day early Tuesday, despite market expectations of a rate hike in December, hovering near 90%. Since September 8, the index has rallied

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