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Despite its importance, foreign exchange often remains an overlooked aspect of business strategy. Understanding how to ...
Central bank actions, such as changes in monetary policy or interventions in the foreign exchange market, can have a significant impact on exchange rates and are closely monitored by fundamental ...
"Trump's return to office has created a genuine threat to [the dollar's] status for the first time in generations," according to Columbia University experts.
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Legit.ng on MSNSee more as naira crashes against US dollar, sell at new exchange rateThe Central Bank of Nigeria has provided insight into its efforts to stabilize the Nigerian forex market as the value of the ...
U.S. stocks careened after President Donald Trump threatened to crank his tariffs higher on Monday. The S&P 500 was down 0.8% ...
On Ferdowsi Street in Iran’s capital, Tehran, the heart of the country’s money exchanges, some traders even switched off ...
KARACHI: The State Bank of Pakistan (SBP) purchased $5.5 billion from the banking market during the June-December period and the market expects the total amount of dollars bought at the end of current ...
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Legit.ng on MSNExchange Rate Windows Drift Further Apart as Naira Hits N1,600/$, CBN Sells $197.71m to DealersThe naira fell to a five-month low on Friday, April 4, 2025, trading at N1,600 per dollar in the official window, leading to ...
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The Punch on MSNCBN injects $197.71m to stabilise FX marketThe Central Bank of Nigeria has injected $197.71m into the foreign exchange market on Friday, April 4, 2025, as part of its ...
The Mexican peso and stock market sank Friday after China announced retaliatory tariffs against the U.S., fanning fears of ...
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Legit.ng on MSNNew Exchange Rate Emerges as Naira Continues Downward Spiral Towards N1,600 Per DollarThe current trend is a source of worry to stakeholders. The widening gap between the official and parallel market rate ...
Nigeria’s foreign exchange market came under renewed pressure on Monday as the naira weakened to N1,629 per dollar at the ...
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