The foreign exchange market is the largest market in the world. It sees trillions of dollars exchanged daily through the buying and selling of currency pairs. It’s one of the most important financial ...
The reforms in the foreign exchange (forex) market have significantly improved valuation transparency in companies and enabled more foreign investors to invest in the economy, President, Association ...
The Central Bank of Nigeria has sold $50 million to authorised banks and dealers, in a move to ease pressure on the naira as ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The foreign exchange market (dubbed ...
India’s foreign exchange reserves fell by USD 2.699 billion to USD 687.034 billion in the week ending November 7, driven by ...
Many international corporations routinely use forward outright contracts to hedge FX market exposures against adverse moves and help stabilize their foreign currency cash flow. Unlike currency futures ...
It might be an obvious fact, but behind every economy, there is a currency. While a currency might seem like a convenient tool in your daily spending, its role in the global market is much bigger than ...
The naira has depreciated across official and parallel markets despite fresh CBN intervention, with new data showing renewed ...
The Minority in Parliament has criticised the government’s handling of the cedi, saying that despite billions of dollars ...
The Association of Bureau De Change Operators of Nigeria (ABCON) has called for support and empowerment of licensed Bureau De ...