Turkey's central bank sold around $7-8 billion in forex on Monday, traders said, as it sought to stabilize financial markets in the face of regional war risks that could derail a rate-cutting cycle ...
“The one-year US rate five-year forwards are a good way to gauge market expectations for FX and this has been in a 3.6% to 4.2% range since last autumn – a range consistent with the dollar moving ...
SEOUL (Reuters) -The United States and South Korea agreed that foreign exchange interventions should be reserved for combating excessive volatility, without targeting exchange rates for competitive ...
China’s central bank will cut the foreign exchange risk reserve requirement ratio for forward foreign exchange sales to 0 ...
Following a turbulent week that ended with calm after President Trump backed off his threats to impose tariffs against European countries over Greenland, focus returns to economics and monetary policy ...
The ongoing forex reforms at the Central Bank of Nigeria (CBN) has within one week of implementation created a massive shift in exchange rate management. Feedback shows imminent convergence between ...
The naira has opened the week strong against the dollar despite the decline in Nigeria’s Forex reserves Analysts have disclosed that the naira’s gain is purely organic, as the Central Bank of Nigeria ...
The Nigeria Customs Service (NCS) has clarified that it does not determine or alter foreign exchange (FX) rates used for import and export valuation.