Legit.ng on MSN4h
CBN Releases New Exchange Rate as Naira Gains in Official, Black Markets Against Major Currencies
The Nigerian currency, the naira rose in value against the dollar, British pound, the euro, and other currencies, ...
Dollar Weakness Becomes Profit Boon for US Multinationals
At a time when tariffs and trade wars pose risks to corporate bottom lines, at least one bit of collateral damage doubles as ...
Emerging Asian Currencies Lower as Tariff Jitters Roil Sentiment
Currencies in emerging Asia declined along with stocks as investors weighed the fallout of more targeted US tariffs on the ...
RBI Is Said to Ask Banks to Cut Offshore Forwards for Arbitrage
India’s central bank has asked currency traders to reduce the practice of buying dollars in the onshore market and then ...
SNB Held Off on FX Interventions After Trump Won Election
The Swiss National Bank largely kept out of currency markets in the final three months of 2024, marking a full year without sizeable interventions in the franc as officials focused on interest rates ...
Legit.ng on MSN3d
New Exchange Rates As Naira Appreciates Against US Dollar
The naira appreciated against the US dollar and other currencies in the Nigerian Autonomous Foreign Exchange Market (NAFEM) ...
Financial Post5d
Zambia's Record-High FX Reserves Are No Cure for Currency's Woes
(Bloomberg) — Zambia has achieved record-high foreign-exchange reserves, yet the hangover from a historic drought means that Africa’s second-biggest copper producer continues to face currency pain.