Currencies
Naira Falls In Foreign Exchange Markets Irrespective Of 32% Increase In Dollar Supply
Friday, 27th August 2021: The exchange rate between the naira and the US dollar closed at N412/$1 at the Investors and...
Read moreCBN Sets N50,000 Maximum Transfer Limits For Non-Account Holder Of E-Naira
The detailed presentation sent to Nigerian banks on the e-Naira project mentioned that it will have a transaction limit for...
Read moreNaira Gains At Official Market
Thursday, 26th August 2021: The exchange rate between the naira and the US dollar closed at N410.88/$1 at the Investors and...
Read moreCurrency Traders Reneging on Deals Frustrate $7 Trillion Market
An end to the global currency market’s four-year quest to crack down on a controversial trading practice...
Read moreInvestor sentiment on the up as Fed shift priced in and PMIs mixed
The market is looking for a shift from the Fed, but it might not be as dovish as some expect...
Read moreThe Bank of Thailand to Trial Retail Digital Currencies in 2022
News The Bank of Thailand (BOT) has announced plans following a recent study to begin testing a Retail Central Bank Digital...
Read moreChina’s Digital Yuan
In April 2020 a grainy screenshot of China’s sovereign digital currency, DCEP (short for Digital Currency/Electronic Payments) or...
Read moreIran’s currency drops to a new low for year against US Dollar
Amid continuing economic crisis in Iran and a delay in nuclear talks with world powers, the US...
Read moreNaira Falls Again To 517 Against Dollar
The naira fell further against the dollar at the parallel market on Wednesday after staying steady...
Read moreNaira Gains at Forex Official Market as Foreign Reserve Declines
The exchange rate between the naira and the US dollar closed at N411.5/$1 at the Investors and Exporters window,...
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