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Tag "pound"

Brexit uncertainty continues to dominate headlines

    Brexit uncertainty continues to dominate headlines

The British Pound continued to fall heavily against the Dollar as trading for last week came to a conclusion, with the ongoing “Brexit” uncertainty continuing to weigh heavily on investor

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Sterling bulls lean on false lifeline

    Sterling bulls lean on false lifeline

Stock markets staged a miraculous rebound during trading on Tuesday following the abrupt appreciation in oil prices that renewed risk appetite and boosted some confidence towards the global economy. Asian

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After Venezuela, Egypt devalues – Nigeria next?

    After Venezuela, Egypt devalues – Nigeria next?

The Central Bank of Egypt (CBE) finally bowed to financial pressure, devaluing the Egyptian pound by 13 percent on Monday – a month after Venezuela did the same. In February,

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Naira ends controversial week at 320/dollar

    Naira ends controversial week at 320/dollar

The naira traded at 320 to a dollar on the parallel market on Friday, halting the very controversial week better than it did just a week ago. The naira, which

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Reserves fall… naira trades at 250/$1 and 365/£1

  Reserves fall… naira trades at 250/$1 and 365/£1

The Nigerian local currency, naira, is trading at 250 to the greenback and 365 to the pound on Wednesday at

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Naira rises to N202 per dollar

Following the Central Bank of Nigeria’s (CBN) plan to upwardly review the weekly Forex cash sales to Bureau De Change

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