There’s a whiff of 1998 in the Jakarta air as investors flee Indonesia’s currency and the stock market. The outflows are ...

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The introduction of bi-weekly auctions follows the implementation of a market-based exchange rate regime, which replaced the ...

Across the continent, it has been a playbook of desperate measures to arrest the currency crisis. In Nigeria, the reform-minded administration of President Bola Ahmed Tinubu is implementing policies ...

The naira has reported a two-week appreciation against the dollar at N1,531 per dollar as the CBN announces the highest FX ...

Experts have commended the CBN’s efforts at trying to narrow the gap between the market, which was a key plank of the foreign currency reforms of the present government. Janet Ogochukwu ...

According to the first deputy managing director of the IMF, Gita Gopinath, the government had embarked on the much needed reforms such as foreign exchange deregulation that has led to the ...

The Central Bank of Nigeria (CBN) has reported a growth in Nigeria's net foreign exchange reserves, which hit $23,11 billion ...

as well as a reserve currency in “regional markets”. It highlighted three projects key to advancing economic reform: relaxing control over market access, setting up a “basic social security ...