Tag: forex market
FOREX| Naira falls to N1609.29/USD at NAFEM,driven by tight market liquidity;...
...Total turnover at the NAFEM as of 26 July increased by 11.5% WTD to USD1.30 billion, with trades consummated within the NGN1,470.00/USD – NGN1,620.00/USD...
Naira falls 0.3% w/w with inflows into NAFEM at six months...
...Based on the data obtained from FMDQ, total inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) declined to a six-month low in June
...The...
Analysis| New CBN reporting requirements on bank’s fx exposures- the bottomline
...This regulatory initiative underscores the CBN's proactive approach to addressing mounting concerns related to excessive foreign currency speculation
...In the coming days, it is crucial...
Q1 Economic Review| CPPE puts CBN’s foreign exchange policy under scrutiny
TUE 05 APRIL, 2022-theGBJournal| According to the Centre for the Promotion of Private Enterprise (CPPE), a private sector advocacy and economic think tank, the...
U.S. dollar to dominate in directionless forex market – Reuters poll
The U.S. dollar, which has dominated currency market trading for the last two years, looks set to do so again in 2020, according to...