(Reuters) – Russia’s finance ministry said on Friday it would increase the volume of deferred foreign currency purchases in the coming month…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell to a six-week low on Friday after data showed the world’s largest…
By Samuel Indyk and Rae Wee LONDON (Reuters) -The U.S. dollar extended its decline on Monday, having fallen by the most since…
Investing.com – The U.S. dollar edged lower in early European trade Monday, falling to a six-week low and extending last week’s declines…
The continuous devaluation of the Nigerian Naira, which recently peaked at N2,010 per CFA1000, has significantly disrupted cross-border trade and led to…
Investing.com– Most Asian currencies strengthened on Monday, while the dollar hovered near six-week lows as softer-than-expected U.S. payrolls data and less hawkish…
Nigerian Naira appreciates amid Central Bank's forex initiative and expected foreign currency influx
By Press Room
1 Mins read
In a significant turn of events, the Nigerian Naira has appreciated against the United States dollar, trading below N1,000 for the first…
The US dollar is forecasted to maintain its strength through the end of 2023, despite traditional weakness in the November-December period. This…
India’s foreign exchange reserves saw a significant increase, despite a notable foreign investor pullout, ending the week of October 27 with a…
PBOC to strengthen cross-border fintech applications with Hong Kong and Macao
By Press Room
1 Mins read
The People’s Bank of China (PBOC) announced plans on Friday to integrate its fintech regulatory tools with Hong Kong and Macao, aiming…