The naira has improved significantly against the US dollar in the foreign exchange market following the recent moves by the ...

The Nigerian naira appreciated against the U.S. dollar in the parallel market on Friday, closing at N1,610/$1, compared to N1,630/$1 ...

Brian McCarthy, managing principal at Macrolens, says that "handcuffs" it from "executing the kind of aggressive stimulus ...

Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn ...

Spread This NewsBy Alois Vinga BOTH legal currencies, the Zimbabwe Gold (ZWG) and the US$ succumbed to significant ...

The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards ...

Banks typically update their exchange rates daily, following international foreign exchange (forex) markets while adding a ...

Commission fees: It’s not uncommon for a currency exchange business to impose a commission on your transaction. You may ...

BoC lowered its overnight rate by 25bps as Trump threatens to implement a 25% tariff on Canadian goods entering the US. James Marple discusses the impact on monetary policy going forward.

Partner and Lead for Strategy & West Africa at PwC, Olusegun Zacchaeus, has projected that Nigeria's inflation will  decline ...

The latest movement in the parallel market comes as the Central Bank of Nigeria (CBN) reported an official exchange rate of N1,493/$1 as of Thursday. On Friday, the CBN’s rates indicated that the ...