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Nigeria's foreign exchange (FX) market having undergone a dramatic transformation under the current leadership of the Central ...
Central banks set the cost of borrowing, influence inflation, and determine liquidity conditions, all of which directly impact currency valuation. A well-planned forex trading strategy must account ...
RBI Governor Sanjay Malhotra emphasized fair forex treatment for smaller customers and boosting retail participation in ...
The Reserve Bank of India (RBI) is set to inject liquidity into the banking system through open market operations (OMO) and ...
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These strengths earned FPG the 2023 "Best Global Forex Broker" award from WikiFX. More recently, BrokersView recognized FPG with the 2024 "Best Trading Liquidity" award, further validating its ...
But over the weekend, the CBN boosted liquidity with the injection of $197.71m into the market. In a statement on Saturday, CBN's Director of Financial Markets Department, Omolara Duke ...
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A reduction in the repo rate can boost liquidity in the local forex market. Lower rates generally encourage borrowing and spending, leading to increased circulation of funds within the economy.
The Reserve Bank of India is expected to keep sufficient surplus in the banking system to ensure policy transmission and is ...
The Central Bank of Nigeria (CBN) is taking strategic measures to support Nigerian businesses in enhancing their ...
The forex market’s high liquidity allows traders to enter and exit positions with ease, and the availability of leverage allows them to control larger positions with a relatively small amount of ...