Investors have valid reasons to be concerned about wild swings in the global currency market over the past few days, ...

This decision is a pragmatic step, regardless of whether it was motivated by the necessity of meeting IMF program conditions ...

The magnitude of this tariff reduction is larger than expected,” offered Tai Hui, Asia Pacific chief market strategist at ...

The naira, again appreciated drastically against the dollar at the official foreign exchange market to end Wednesday on a ...

Forex trading involves buying and selling currencies on the global, decentralized, over-the-counter foreign exchange market. With daily turnovers averaging around $6 trillion, the forex market is ...

At the interbank foreign exchange market, the rupee opened at 84.70 and fluctuated between an intra-day high of 84.62 and a low of 85.48 against the greenback. It ultimately closed the session at ...

Nigeria's currency, the naira, continued to appreciate against the dollar at the official exchange market on Tuesday. The ...

South Korea's foreign exchange reserves dropped to the lowest level in five years in April, caused by market stabilising ...

Other markets also showed wide ranges, with volatility at times on a par with the 2008/09 global financial crisis and the ...

By Elizabeth Adegbesan The naira yesterday depreciated to N1, 635 per dollar in the parallel market from N1,625 per dollar on ...

US President Donald Trump’s efforts to “rebalance” global trade have spooked Wall Street, disquieted US Treasuries and sent ...

Investors have valid reasons to be concerned about wild swings in the global currency market over the past few days, according to one market veteran. Since late 2022, Stephen Jen, chief executive ...