Nairametrics3h
Exchange rate stabilises as Naira holds at N1,570/$1 in parallel market
The Nigerian naira has demonstrated relative stability in the parallel market, trading at N1,570 per US dollar from Wednesday through ...
Legit on MSN22h
Importers To Pay More To Clear Goods As CBN Raises Customs Duty Rate
Importers are to pay more as the Central Bank of Nigeria (CBN) has raised the exchange rate for computing Customs duties at ...
SNB’s Tschudin: Policy choices include FX intervention and negative rates
Swiss National Bank (SNB) Petra Tschudin commented on the policy outlook on Friday. She said that “policy choices include FX ...
The Daily Star3d
Fully market-based exchange rate not now
The Bangladesh Bank (BB) is not moving away from the crawling peg mechanism to a free-floating exchange rate regime right now to “avoid any speculative role” by foreign currency market aggregators.
Indian central bank hikes overnight fund infusion post heavy FX intervention
India's central bank hiked the quantum of funds that it intended to inject into the banking system through an overnight ...
legit7d
Dollar Crashes Massively Against Naira, Traders Now Sell at New Exchange Rate
The Nigerian currency improved against the United States dollar in the foreign exchange market following policies introduced ...
Tuko4d
Kenya Shilling Outshines US Dollar on Increased Forex Reserves after CBK Lowered Interest Rates
The Central Bank of Kenya (CBK) said the easing of the monetary policy stance was aimed at enhancing economic activities and ...