U.S dollar gains ground as currency traders turn to safe-haven asset
Analyst survey expects the dollar to weaken by about 2% to 94.1 by the second quarter of next year.
Analyst survey expects the dollar to weaken by about 2% to 94.1 by the second quarter of next year.
IMF's data showed that global reserves dipped to $11.731 trillion from $11.824 trillion in Q4 2019.
The trade imbalance between the two countries heavily gives China an advantage.
The local currency strengthened by N0.83 against the dollar, when compared to the N386.33 to a dollar that is exchanged ...
The outbreak of COVID-19 and the sharp downturn in crude oil prices have continued to stoke fears of a further ...
Even with the coronavirus pandemic having devastating impacts across the global market and wiping out trillions of dollars of assets, ...
As events in the oil market fallout, the US dollar hit a record high against the Naira in the non-deliverable ...
Gold has so far gained 14% in 2020, supported by record holdings in gold ETFs as COVID-19 pitched world economies ...
The Nigerian Naira has been relatively stable in relation to the US Dollar since the CBN began to defend the ...
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