Currencies
Nigeria's daily parallel market exchange rate tracker
The US dollar witnesses slight pullback as Fed takes a hawkish stance
The dollar found some footing on Thursday morning after an initial pullback despite the Federal Reserve's hike of interest rate...
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Forex turnover records marginal increase as exchange rate appreciates slightly
The exchange rate between the naira and the US dollar closed at N421.25/$1 at the Investors and Exporters (I&E) window.
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CBN to introduce USSD code to boost eNaira
The Central Bank of Nigeria plans to introduce the Unstructured Supplementary (USSD) code as part of steps to improve the...
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Crashing currency and rising inflation pushes cryptocurrency adoption in Ethiopia
In Ethiopia, rising inflation and a scarcity of dollars are driving up the price of US dollars on the black...
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Russia ruble maintains surge despite ease of capital control and dovish stance
Despite Russia's move to relax some capital controls and prospects of an interest rate cut, the Russian rouble has maintained...
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The dollar jumps to 20-year high against the Japanese yen
The dollar rally has reached a 20-year high against the Japanese yen, as investors take a massive short position against...
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Exchange rate falls as forex turnover drops to $49.24 million, a 2-month low
The exchange rate between the naira and the US dollar closed at N420.25/$1 at the Investors and Exporters (I&E) window.
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Naira remains stable across FX markets as CBN continues forex intervention
The exchange rate between the naira and the US dollar closed at N419.75/$1 at the Investors and Exporters (I&E) window.
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IMF says Russia held nearly a third of the world’s yuan reserves by December 2021
Russia held nearly a third of the world’s renminbi (Yuan) in reserves by December 2021 amid the decline of the...
Read moreDetailsForex supply skyrockets by over 300% to $760 million at the official marketÂ
The exchange rate between the naira and the US dollar closed at N419.5/$1 at the Investors and Exporters (I&E) window.Â
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