with at one point a 3.5% devaluation since Monday and trading near 103.80 at the time of writing on Friday. The Greenback is undergoing a regime shift where the US Dollar is no longer in the ...

As the U.S. dollar witnessed its largest two-day decline in over two years, an economist argues the importance of devaluation for global growth while another expert explains the weakness to as a ...

The US Dollar Index DXY faces over 2.5% devaluation so far this week. The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is unable to ...

MTN Nigeria has reported a loss of N400.44 billion after taxes in the 2024 financial year. The full-year financial report for 2024 shows that the loss was majorly due to naira devaluation in the ...

MTN Nigeria reported a N400.44bn loss after tax for the year ended December 31, 2024, as the devaluation of the naira drove up foreign exchange losses and weighed on the company’s earnings. The ...