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Th value of the naira appreciated against the United states dollar in the official Nigerian Foreign Exchange Market (NFEM) ...
Earn 9.09% yield with EDD, focused on local currency emerging market bonds. Explore potential gains amid dollar weakness and ...
The rupee weakened to 87.75 against the US dollar due to importer demand, rising crude oil prices, and foreign fund outflows.
Ethiopia's market-based currency reforms, supported by strong foreign exchange reserves and record inflows, are positioning the Birr for sustained stability, according to Zemedeneh Negatu, Co-founder ...
The U.S. dollar's share of global currency reserves reported to the International Monetary Fund nudged lower to 57.7% in the ...
Governor Olayemi Cardoso has made significant strides in stabilising the foreign exchange market, rebuilding foreign reserves ...
A currency's appreciation or depreciation can be influenced by a number of factors, including interest rates, trade, and politics. In the foreign exchange market, currency depreciation occurs when ...
Pakistan's crackdown on black market dollar trading has strengthened the rupee, but traders say under-the-counter deals have ...
The launch of the Nigerian FX Code signifies a deliberate push to restore transparency in Nigeria’s fx market, as CBN Gov ...
In response, the Bank of Thailand, its central bank, began to draw on its more than $30 billion in reserves of U.S. dollars to defend its currency by buying baht through the foreign exchange market.
Zimbabwe liberalized its foreign-exchange market and raised interest rates, among a new raft of measures aimed at stabilizing the nation’s currency and reining in resurgent inflation.