In an exchange office in Accra, the dollar is bought at the rate of 6.90 and sold at the rate of 7.09 The Cedi was trading against the dollar at an average rate of 6.3100 Its trade value against the British pound was at an average rate of 8.5661 The average rate of the...
Read MoreReuters reported that Bank of Japan Governor Haruhiko Kuroda said on Tuesday that the central bank‘s offer to buy unlimited government bonds reflected his view that the recent rate hike long-term interest of the country was due to factors unrelated to its economy. “We don’t plan to conduct such an operation frequently. We will...
Read MoreThe black market dollar to naira exchange rate today February 12, 2022 can be accessed below. IMPORTANT NOTE: Please note that the exchange rate changes every hour.…it depends on the volume of dollars available and on demand. What this means is… you can buy or sell 1 dollar at ₦575 and the price can...
Read MoreDollar to naira exchange rate today. The black market dollar to naira exchange rate for February 10, 2022 can be accessed below. IMPORTANT NOTE: Please note that the exchange rate changes every hour.…it depends on the volume of dollars available and on demand. What this means is… you can buy or sell 1 dollar...
Read MoreToday’s trading highlights the danger of trading USD/CAD on fundamentals. The pair climbed on Friday on a strong US jobs report and weak Canadian print. It made sense, but here we are today a trading day later and back to where the pair started. Not only that, but oil is down 1.4%. Sometimes that’s...
Read MoreThe black market dollar to naira exchange rate for February 5, 2022 can be accessed below. IMPORTANT NOTE: Please note that the exchange rate changes every hour.…it depends on the volume of dollars available and on demand. What this means is… you can buy or sell 1 dollar at ₦570 and the price can...
Read MoreArchive photo of Ghanaian cedis banknotes The Cedi was trading against the dollar at an average rate of 6.1027 Its trade value against the British pound was at an average rate of 8.2750 The average rate of the euro is at 6.8924 Note that these rates may be different at an exchange office near...
Read MoreThe US Commerce Department today released its third administrative review of Canadian softwood lumber duties and lowered the rate from 17.99% to 11.64%. Lumber isn’t in the headlines as much as it was six months ago, but prices had another stretch in the fourth quarter and early this year before falling again in the...
Read MoreUnited States Highlights The Fed left its key rate unchanged at this week’s FOMC meeting, but signaled that a rate hike was imminent in March. Uncertainty over the pace of increases after March remains elevated, contributing to equity market volatility this week. The U.S. economy grew 6.9% (annualized) in the last quarter of 2021...
Read More© Reuters. FILE PHOTO: An EasyJet airliner lands at Son Sant Joan airport in Palma de Mallorca, Spain, April 1, 2021. REUTERS/Enrique Calvo LONDON (Reuters) – British airline easyJet (LON:) said the Omicron variant of COVID-19 was impacting its performance this quarter, but it expects to see strong demand this summer when capacity nears....
Read MoreCanadian Dollar Talking Points USD/CAD extends the rebound from the monthly low (1.2450) following the series of failed attempts to close below the 200-day SMA (1.2498), and the interest rate decision of the Bank of Canada (BoC) may do little to derail the recent advance in the exchange rate if the central bank continues...
Read MoreCFOs perceive accounts receivable (AR) and accounts payable (AP) as the most important factor in creating a healthy balance sheet, according to Business Payments Digitization, a PYMNTS and Corcentric collaboration based on a survey of 400 CFOs representing companies that earn between $400 million and $2 billion in annual revenue. Get the report: Digitization...
Read More© Reuters. Bloomberg analyst Mike McGlone is confident it is on track to hit $100,000 in 2022 as it completes its transition from a risky asset to a risky asset. As the Fed plans to raise interest rates to fight inflation, risky assets like crypto could suffer as people would likely prefer to invest...
Read MoreThe opening week of the 2022 Australian New Year wool auctions produced value gains across all wool types and descriptions on offer. The market started off firm to more expensive and held onto this more expensive pattern throughout the selloff, and closed at the week’s high. While merino fleece led the charge higher, skirt,...
Read MoreECONOMYNEXT – Sri Lanka’s state-run Ceylon Petroleum Corporation is seeking to end the island’s power utility “circular debt” as utility losses from price controls land on the oil company as an unpaid debt. Sri Lanka faces sporadic power outages in January as the utility runs out of fuel with a 300-megawatt coal-fired power station...
Read MoreOverview of central bank supervision: The BOE appears poised to move forward with several rate hikes in 2022, as rate markets are currently forecasting at least four moves by December. There remains a mismatch between the ECB’s rhetoric and market prices, as policymakers continue to suggest that no rate hike will come in 2022....
Read MoreWEEKLY OUTLOOK S&P 500, NIKKEI 225, ASX 200: The Dow Jones, S&P 500 and Nasdaq 100 indices closed at -0.01%, -0.41% and -0.96% respectively The increase in the non-farm payroll in the United States has been lower than expected, but the unemployment rate and wage growth have shown strong evidence of a tight labor...
Read More(Add details, update prices; change signature, date; previous LONDON) By Chuck Mikolajczak NEW YORK, Jan. 7 (Reuters) – The US dollar edged down against a basket of major currencies on Friday on the heels of December’s jobs report that fell short of expectations. The dollar index weakened after the Labor Department said non-farm payrolls...
Read MoreDOW JONES OUTLOOK: Dow (DJI) wins for second day in a row, closes on new record The rA high interest rate environment could hurt the growth and technology segment of the market in the near term, leaving ARK Innovation in a very precarious situation Value stocks, with strong balance sheets and positive earnings outlook,...
Read MoreThe coming year will see a series of global central banks overturn their loose, pandemic monetary parameters of the decisions of the past two years and begin to normalize monetary policy by withdrawing emergency stimulus measures and raising interest rates. Major central banks, including the Federal Reserve, Bank of England, Reserve Bank of Australia...
Read MoreEURGBP, EURCHF and EURNZD talking points The ECB is one of the most accommodating of the major central banks, but it is not the only resolutely accommodating structure EURGBP hits 20-month low after BOE’s recent rate hike, but is it now a widely recognized disparity? The RBNZ is another group already tightening with more...
Read MoreTurkish Lira banknotes are placed on US dollar banknotes in this illustration taken on November 28, 2021. REUTERS / Dado Ruvic Register now for FREE and unlimited access to Reuters.com Register The lira 37% weaker against the dollar this year despite the rebound Central bank gives new details on lira deposit system Minister of...
Read MoreChristmas is just a few days away, and that naturally means people will start flocking to the markets to purchase items (both edible and inedible) for the festivities. The dollar to naira exchange rate as of December 20, 2021 has undoubtedly affected the prices of goods and services, especially imported goods. Therefore, high prices...
Read MoreExchange rates will be different at an exchange office near you Note that these rates will be different at a bureau de change near you. On the Bank of Ghana interbank exchange rates today, December 23, 2021, the Ghanaian Cedi is trading against the dollar at a buy price of 5.9543 and a sell...
Read MoreTurkish President Recep Erdogan said on Monday he would introduce a new financial instrument to ease the burden of volatile exchange rates. Financial fluctuations and price hikes, he said, have no basis in economic fundamentals and Turkey will not bow to attacks and plots against it. Citizens would not have to convert their lira...
Read More© Reuters. Yaniv is co-founder and CEO of Edge & Node, and co-founder of The Graph, a decentralized indexing protocol used by blockchains such as. “A lot of people and institutions started using DeFi in 2021, but we haven’t even started mass adoption yet. As more retail and payment systems begin to integrate with...
Read MoreGold, XAU / USD, FOMC, Yield Curve, Bank of England, ECB – Talking Points Gold prices rose as the initially hawkish post-FOMC backlash faded ECB and BoE policies focus as traders monitor global bond yields Technical the range continues to cap the rise in gold around 1780-1790 Gold prices are on the rise throughout...
Read MoreTrade has become more global than ever, but paying overseas suppliers remains a challenge for companies looking to make payments in less familiar currencies belonging to emerging economies in Africa, Asia and the Middle East. , for example. This logistical challenge is what London-based VertoFX has been trying to solve since 2019 through its...
Read MoreBinance, the world’s largest crypto exchange in terms of transaction volume, is said to be in talks with Indonesia’s richest family, the Hartonos, to open a crypto exchange. According to a report published at Bloomberg, Binance Holdings Ltd. Seeks to finalize a crypto venture with PT Bank Central Asia (BCA), controlled by Hartonos, which...
Read MoreFTSE 100 courses, news and analyzes: The Bank of England appears increasingly unlikely to hike UK interest rates next Thursday as the UK government announces new measures to curb the Omicron variant of Covid-19. This is positive for the FTSE 100 index of major stocks listed in London. FTSE 100: more earnings to come...
Read MoreThe Australian dollar is trading flat shortly before the release of interest rates and the Reserve Bank’s (RBA) policy decisions at 03:30 GMT. Traders do not expect any surprises from the central bank, with the 34 economists in the latest Reuters poll seeking to keep the cash rate at 0.10%. However, a small majority...
Read MoreThe Turkish president promises to continue his policy of low interest rates despite the massive fall of the Turkish currency. Turkish President Recep Tayyip Erdogan has said he hopes volatile exchange rates and inflation will stabilize soon as he reiterates his stance against high interest rates following a massive drop in the delivered. The...
Read More(Bloomberg) – Food prices have moved closer to an all time high, giving consumers and governments around the world an even bigger headache in the face of inflation. Bloomberg’s Most Read A United Nations indicator on world food prices rose 1.2% last month, threatening to make it more expensive for households to put a...
Read MoreDespite the noise caused by the latest variant of COVID-19, Omicron, which has raised further uncertainty, data and economists see near-term stability in the forex market. Out of the panic that greeted the Bureau de Change (BDC) ‘freeze’, the black market rate has remained stable in recent weeks, trading around the $ 550 /...
Read More© Reuters. Travelers line up for a COVID-19 test during the coronavirus disease (COVID-19) pandemic in the Manhattan neighborhood of New York City, New York, United States on November 26, 2021. REUTERS / Carlo Allegri (Reuters) – New York Governor Kathy Hochul issued a COVID-19 “disaster emergency” statement on Friday, citing rising rates of...
Read More* Dollar index slips, still close to 16-month highs * Fed meeting minutes show willingness to hike * Swedish Riksbank keeps rates on hold * Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E (Price update, add comment) By Elizabeth Howcroft LONDON, Nov. 25 (Reuters) – The dollar slipped on Thursday but was still close to its highest...
Read MoreSumaira FH 34 seconds ago Tue 23 November 2021 | 09:25 Current exchange rates in Pakistan on November 23, 2021, Current dollar rate in Pakistan, Latest exchange rates for British Pound, Euro, Saudi Arabian Riyal, United Arab Emirates dirham, Canadian dollar, Australian dollar in Pakistani rupees. All rates updated according to open market exchange...
Read MoreSumaira FH 17 hours ago Sat, November 20, 2021 | 09:25 Current exchange rates in Pakistan on November 20, 2021, Current dollar rate in Pakistan, Latest exchange rates of British Pound, Euro, Saudi Riyal, United Arab Emirates dirham, Canadian dollar, Australian dollar in Pakistani rupees. All rates updated according to open market exchange rates....
Read MoreForex trading, or foreign exchange, involves exchanging one currency for another. There may be functional reasons for engaging in forex trading, such as traveling overseas and needing to exchange dollars for the currency of the country you are traveling to, but there may also be financial reasons. or speculative to trade currencies. Here is...
Read MoreBy Peter Nurse Investing.com – The dollar edged higher on Tuesday, ahead of the release of key retail sales data, as the Chinese yuan benefited from the largely friendly dialogue between the U.S. and Chinese presidents in a virtual meeting. At 02:55 ET (0755 GMT), the Dollar Index, which tracks the greenback against a...
Read MoreGold, XAU / USD, Inflation, Treasury Yields, Break-even Rate – Talking Point Gold bulls charged after hotter-than-expected CPI print Rising Breakeven Points Good for Long-Term Bullion Outlook XAU / USD breaks key resistance on last upward load Gold prices skyrocketed overnight as traders digested a feeling of much higher-than-expected inflation in the United States....
Read MoreTo become a successful forex trader, you must understand the complex relationship between interest rates and forex trading. Fluctuations in interest rates are the most important factor affecting the forex market. Usually these factors are an indirect response to other economic factors throughout the month. To better understand this, we need to know more...
Read MoreSumaira FH 19 seconds ago Sat 06 November 2021 | 09:25 Current exchange rates in Pakistan on November 6, 2021, Current dollar rate in Pakistan, Latest exchange rates for British Pound, Euro, Saudi Arabian Riyal, United Arab Emirates dirham, Canadian dollar, Australian dollar in Pakistani rupees. All rates updated according to open market exchange...
Read MoreJapanese Yen Talking Points The USD / JPY continues to consolidate in a bullish flag formation as longer-term US Treasury yields remain under pressure, but the Federal Reserve’s interest rate decision is likely to influence the exchange rate as the central bank appears to be on the right track to reduce monetary support. USD...
Read More* Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E (add analyst comment, update prices) By John McCrank NEW YORK, Nov. 1 (Reuters) – The dollar eased against its main rivals on Monday, after posting its biggest daily rise in more than four months in the previous session, as traders position ahead of the highly anticipated meeting of...
Read MoreOctober 30, 2021 FOREIGN-EXCHANGE the markets were once a hotbed of lively speculative activity. But today traders looking for an adrenaline rush should look to assets like cryptocurrencies instead. Barring a brief surge at the start of the pandemic – and isolated events in the Turkish lira – currency markets have been silent. Macro-trading...
Read MoreSumaira FH 1 minute ago Fri 29 October 2021 | 09:25 Current exchange rates in Pakistan on October 29, 2021, Current dollar rate in Pakistan, Latest exchange rates for British Pound, Euro, Saudi Arabian Riyal, United Arab Emirates dirham, Canadian dollar, Australian dollar in Pakistani rupees. All rates updated according to open market exchange...
Read MoreKey talking points: EUR / GBP ffinds support as traders prepare for ECB and BOE meetings The GBP’s hawkish expectations give way to disappointment EUR / GBP continues to trade on a downtrend, with the pound remaining supported by expectations that the Bank of England will need to step up efforts to reduce monetary...
Read More© Reuters. FILE PHOTO: A money changer holds Turkish Lira banknotes at an exchange office in Ankara, Turkey September 27, 2021. REUTERS / Cagla Gurdogan By Daren Butler ISTANBUL (Reuters) – The Turkish lira fell to a new all-time low of 9.85 on Monday after President Tayyip Erdogan said he ordered the expulsion of...
Read MoreGBP / USD TECHNICAL FORECAST: bullish The expected UK key rates show a rapid rise in rates after November. GBP / USD rally in doubt after questionable forecasts. Sentiment favors the upside in the short term. FUNDAMENTAL CONTEXT BOOK Sterling has been one of the strongest major currencies against the US dollar recent spurred...
Read MoreJPY, EUR / JPY, GBP / JPY, AUD / JPY, CAD / JPY talking points: The Japanese yen has been steadily declining so far in the fourth quarter, matching the theme of rates from the United States. I had looked at the Yen on Monday, planning EUR / JPY pullbacks with an eye on...
Read More* The yen hits a four-year low against the dollar overnight * The Aussie and the Kiwi gain against the dollar * Chart: global exchange rates tmsnrt.rs/2RBWI5E LONDON, Oct. 20 (Reuters) – The dollar stabilized at the start of European trading on Wednesday, after improving global risk appetite saw riskier currencies gain and the...
Read MoreBy Dhirendra Tripathi Investing.com – Virgin Galactic (NYSE 🙂 stock traded below $ 20 for the first time since May 21 after UBS (NYSE 🙂 downgraded it to sell it. The downgrade follows the company’s decision to postpone the launch of its first commercial flight to the fourth quarter of 2022 from the third....
Read More© Reuters. FILE PHOTO: New Japanese Finance Minister Shunichi Suzuki wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, speaks at a press conference in Tokyo, Japan, on October 5, 2021. REUTERS / Kim Kyung-Hoon By Tetsushi Kajimoto TOKYO (Reuters) – Monetary stability is “very important” and the Japanese government will carefully consider...
Read MoreForex trading is a popular trading activity all over the world, thanks to which a lot of information is available for free on this vertical. The problem is that not much of this information is intended for traders in the UAE and this is important because which broker you choose may matter. As a...
Read MoreTalking Points in US Dollars: The US dollar has so far spent October digesting the bullish movement that manifested prominently in late September. This week the focus is on a key report on inflation in the United States with the release of the CPI on Wednesday. With the potential Fed cutback announcement at the...
Read MoreNEW DELHI: On Thursday, the rupee gained some ground against the US dollar after plunging to a nearly six-month low on Wednesday, as global crude oil prices retreated from multi-year highs and some banks foreigners were selling the greenback on behalf of exporters, the dealers said. The national currency stood at 74.7750 per US...
Read MoreThe herald Farirai Machivenyika Senior reporter More and more people illegally smuggling foreign currency will soon be arrested and more financial institutions charged as the government slams the whip against those who drive and manipulate the black market despite the fact that Zimbabwe’s foreign currency inflows are more than enough to purchase all necessary...
Read More© Reuters. By Peter Nurse Investing.com – The dollar traded higher on Wednesday as the safe haven spurred on fears that higher energy prices could translate into higher inflation, prompting the Federal Reserve to tighten monetary policy quickly . At 3:05 am ET (0705 GMT), the Dollar Index, which tracks the greenback against a...
Read MoreInvestors have started this busy trading week with concerns about how central bank policy will change in a broader recovery. They have fallen by more than 300 points and while these declines are often due to signs of economic weakness, potential policy changes in response to recoveries can also weigh on market sentiment. The...
Read MorePresident of the Manufacturers Association of Nigeria (MAN), Mr. Mansur Ahmed Hammed Shittu in IlorinEngineer Mansur Ahmed, National President of the Manufacturers Association of Nigeria (MAN), praised the efforts of the federal government to revive the production of goods and services in the country through the recent directive to the Central Bank of Nigeria...
Read MoreDr Akin Ogunbiyi is the Chairman of Mutual Benefits Assurance Plc and was a candidate for Governor of the People’s Democratic Party (PDP) in Osun State in the last election. In this interview with ZAKA KHALIQ, he spoke about the need for the country to close its trade deficit to resolve the volatility of...
Read More© Reuters. FILE PHOTO: A photo illustration shows US $ 100 banknotes taken in Tokyo on August 2, 2011. REUTERS / Yuriko Nakao / File Photo By Gertrude Chavez-Dreyfuss and Saqib Iqbal Ahmed NEW YORK (Reuters) – A crushing dollar rally gathers pace, fueled by a hawkish Federal Reserve tilt, rising Treasury yields and...
Read More(Bloomberg) – Mortgage rates in the United States have crossed 3% for the first time in three months. The average for a 30-year loan was 3.01%, down from 2.88% last week and the highest since June 24. Freddie mac (OTC 🙂 said in a statement Thursday. Historically low borrowing costs have helped fuel the...
Read MoreCRISIL Ratings has upgraded its rating on the long-term banking facilities of Trident Ltd (Trident) to “CRISIL AA / Stable” from “CRISIL AA- / Positive”. The rating of short-term facilities and commercial paper has been reasserted to ‘CRISIL A1 +’. The rating action reflects Trident’s expectation of continued healthy business performance and a strong...
Read More* Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E (Price updates) By Iain Withers LONDON, Sept. 29 (Reuters) – The dollar soared on Wednesday and peaked in 2021 against rival currencies, even as disputes in Washington over the US debt ceiling threatened to plunge the government into shutdown. The greenback – the global reserve currency seen as...
Read MoreGold Price Talking Points: Gold prices continued to decline following the FOMC’s rate decision last week. The gold price action has built a descending wedge formation with support around a longer term Fibonacci level. And the bullish flag as a whole remains despite the short to medium term bearish price action being shown. The...
Read MoreST PETER PORT, Guernsey and NEW YORK, September 27, 2021 (GLOBE NEWSWIRE) – Global telephony provider Webtel.mobi (“WM”) – whose system and digital currency TUV make current cryptocurrencies redundant, replace CBDC and provide two fully operational alternatives to the SWIFT system – announced two additional installations in its system, which provide an instantly accessible...
Read MoreMarket indices: It was a volatile week, with big swings, but all 4 indices registered small gains. “Stocks fell on Monday, with major indices falling more than 2% during the worst times of the afternoon session, as investors nervously watched the potential ripple effects of a bank default. large Chinese real estate company, as...
Read MoreFormer Central Bank of Nigeria (CBN) deputy governor Kingsley Moghalu, in his contribution to the exchange rate debate, said the value of the naira would improve dramatically from N 570 / $ 1 to N 400 / $ 1 in the parallel market if a huge amount of dollars is pumped into the foreign...
Read MoreSumaira FH 1 day ago Fri, September 24, 2021 | 09:25 Current exchange rates in Pakistan on September 24, 2021, Current dollar rate in Pakistan, Latest exchange rates for British Pound, Euro, Saudi Riyal, United Arab Emirates dirham, Canadian dollar, Australian dollar in Pakistani rupees. All rates updated according to open market exchange rates....
Read More© Reuters. Nike profits beat, revenue misses in first quarter By Yasin Ebrahim Investing.com – Nike (NYSE 🙂 posted mixed first-quarter results on Thursday as profits beaten, but revenues fell below expectations as persistent supply chain problems held back sales. Nike shares lost 4.06% in after-hours trading following the report. Nike reported earnings per...
Read MorePosted September 22, 2021 Former Chartered Institute of Bankers of Nigeria President Professor Segun Ajibola said the naira is still strong in the Nigerian economy, adding that an average Nigerian can still feed himself on N500. The Babcock University economics professor spoke on the NTA’s “Good Morning Nigeria” breakfast show on Wednesday, watched by...
Read MoreBy Paulo Trevisani General Mills Inc. said on Wednesday that it expects exchange rates to help increase net sales in fiscal 2022, after increasing revenue in the first quarter. The Minneapolis-based consumer food supplier announced a year-over-year increase in net sales of 4% to $ 4.5 billion in the quarter ended Aug. 29, including...
Read More(Add details, update prices; change signature, date; old LONDON) near a one-month high as global markets rebounded somewhat on Tuesday after a sense of aversion to the risk dominated in the previous session, as investors awaited the results of a two-day Federal Reserve policy meeting. After hitting its highest level since August 23 on...
Read MorePosted September 21, 2021 The naira defied all interventions and continued to slide against other currencies, trading 580 to the dollar in the parallel market on Monday. The rate was N570 / $ on Friday. In another development, the official website of authorized operators of the Bureau of Exchange of the Central Bank of...
Read MoreEconomic developments since the last meeting have raised fears of ‘stagflation’ in the UK, ie slow growth with high inflation. As the main constraint to growth is the supply chain, we don’t expect this to derail the BOC’s monetary policy stance. We expect the central bank to vote unanimously to leave the policy rate...
Read MoreGold Price Talking Points The Federal Reserve interest pricing decision playing September 22 is likely to influence the short-term outlook for the price of gold as the central bank appears to be on track to reduce monetary support. Fundamental Gold Price Forecast: Neutral The price of gold traded at a new monthly low ($...
Read MoreabokiFX, a popular mobile and web platform that collects black market exchange rates in Nigeria, Friday announcement it will temporarily suspend the publication of rates on all its platforms, a few hours after receiving threats from the Central Bank of Nigeria (CBN). The umbrella bank had announced that it would shut down the platform,...
Read More* Comments from head of Brazil’s cenbank worry trader * Chilean markets closed for holiday Friday * Brazilian Vale declares exceptional dividend in first half (adds comments, updates prices throughout) By Susan Mathew and Shreyashi Sanyal Sept. 17 (Reuters) Latin American currencies on Friday with all eyes on the central bank policy meeting next...
Read More(add details) By Chijioke Ohuocha ABUJA, Sept. 17 (Reuters) – Nigeria’s central bank kept its benchmark interest rate unchanged at 11.5% on Friday, its governor said, adding that the bank would seek to flush out illegal traffickers in the forex market . The Nigerian naira has hit new lows in the unofficial market following...
Read MoreThe Philippine peso-US dollar exchange rate would not be affected by the removal of the London Interbank Offered Rate (Libor), which is a benchmark interest rate used in a wide variety of financial transactions, the Bangko Sentral ng Pilipinas ( BSP) insured Thursday. “The stop of the Libor will not affect the US dollar-peso...
Read MoreDynaPay, a bank challenger providing payment accounts, currency exchange and open API banking service for businesses, announces that it has joined the SWIFT network and has obtained its own connected BIC DYPYGB3L. DynaPay will use its SWIFT connectivity to strengthen and improve the experience of cross-border transactions on its correspondent bank networks for DynaPay...
Read MoreThe Central Bank of Nigeria (CBN) argues that there would be a convergence of exchange rates despite the depreciation observed in the black market. CBN Monetary Policy Director Hassan Mahmud said this at a virtual investor conference on Tuesday. He said: “The spot rate is the benchmark rate and I expected several Nigerian exchange...
Read More(Corrects to show euro high of 1.1909, not 1.909) * Dollar falls after U.S. jobs miss * Euro strengthens ahead of ECB meeting next week * Yen shrugs off PM Suga's decision to step down * Graphic: World FX rates tmsnrt.rs/2RBWI5E By Chuck Mikolajczak NEW YORK, Sept 3 (Reuters) - The dollar weakened further...
Read More* Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E By Chuck Mikolajczak NEW YORK, September 1 (Reuters) – The dollar fell against a basket of major currencies on Wednesday after a labor market report US fell well below expectations, while the euro held close to a one-month high on inflation concerns. The greenback worsened the losses after...
Read MoreSumaira FH 8 hours ago Sat, Aug 28, 2021 | 09:25 Current exchange rates in Pakistan on August 28, 2021, Current dollar rate in Pakistan, Latest exchange rates of British Pound, Euro, Saudi Arabian Riyal, United Arab Emirates dirham, Canadian dollar, Australian dollar in Pakistani rupees. All rates updated according to open market exchange...
Read MoreGold Price in India ( ??47660) has increased since yesterday ( ??47650). In addition, it was higher than the average price of gold observed this week ( ??47358.6) by 0.64%. Although the price of gold today in the world market (1816.7) as well as in the Indian market ( ??47660) has grown, the gold...
Read More* Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E By Saikat Chatterjee LONDON, Aug.23 (Reuters) – The US dollar slipped against rivals on Monday in a profit-taking after posting its biggest weekly gain in more than two months last week, fueled by concerns about the outlook for global growth. The main source of investor concern is the...
Read MoreOver-the-counter foreign exchange transactions for investors and exporters fell 24.56 percent last week, according to FMDQ Securities Exchange Limited. The Central Bank of Nigeria had, in April 2017, amid a severe currency shortage, established the I&E window with the aim of increasing liquidity in the foreign exchange market and ensuring timely execution and settlement....
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