Investors have valid reasons to be concerned about wild swings in the global currency market over the past few days, ...

At the interbank foreign exchange, the rupee opened at 85.53 and traded in a range of 85.48 to 85.73 before settling at 85.50 ...

This decision is a pragmatic step, regardless of whether it was motivated by the necessity of meeting IMF program conditions ...

Foreign exchange market speculators are at the receiving end of fresh regulatory actions aimed at stabilising the exchange rate, FELIX OLOYEDE writes The exchange rate plays a significant role in ...

At the interbank foreign exchange market, the rupee opened at 84.70 and fluctuated between an intra-day high of 84.62 and a low of 85.48 against the greenback. It ultimately closed the session at ...

Nigeria's currency, the naira, continued to appreciate against the dollar at the official exchange market on Tuesday. The ...

Bangladesh’s long-delayed $1.3 billion IMF loan disbursement is now back on track, after the central bank cleared a major policy hurdle: moving towards a market-based exchange rate. The reform, long ...

US President Donald Trump’s efforts to “rebalance” global trade have spooked Wall Street, disquieted US Treasuries and sent ...

The naira appreciated by N5.72 across foreign exchange (FX) markets after trading on Monday. The dollar was quoted at N1,600.43, marking a gain of 0.4 per cent compared to N1,606.15 seen on Friday at ...

According to Dow Jones Market Data, this was the largest move on record for the currency pair going back to at least 2007. Other Asian currencies, like the South Korean won (USDKRW), also surged ...