The central parity rate of the Chinese currency renminbi, or the Yuan, weakened eight pips to 6.7795 against the dollar on Monday.
This is according...
The dollar weakened on Wednesday after U.S. consumer price inflation ‌matched economists' expectations in July, easing concerns that a hot reading could reinvigorate expectations...
Former Edo State governor Senator Adams Oshiomhole says government must intervene to stabilise the naira, saying market forces cannot do such.
Nigeria’s currency exchanges for...
The Naira on Thursday traded at N736.62 against the dollar at the investors and exporters (I&E) window.
The I&E window is the country’s official exchange...
China's central bank has asked domestic lenders to scale back outward bond investments according to two sources with direct knowledge of the matter, the...
The Nigerian Exchange Limited (NGX) has disclosed its proposal to allow companies list bonds denominated in dollars on the bourse.
Temi Popoola, chief executive officer...
The Central Bank of Nigeria (CBN) has announced a foreign exchange (FX) Price Verification System (PVS) portal to enable importers to access forex.
The CBN...
