Nigeria to step-down reliance on U.S. dollar for imports from Asia as CBN starts auctioning Chinese yuan
Nigeria’s central bank will start to auction the Chinese yuan within the next month at an exchange rate to be set via book building,
Nigerian naira trades flat against US dollar at unofficial parallel market
The Nigerian naira closed flat against the United States dollar at the parallel foreign exchange (FX) market on Thursday at N362, but
Dollar weakens further in Asia ahead of US inflation data
The dollar was softer in Asia trading ahead of a release of US inflation data later in the day, pushing the yen to a 15-month high,
China’s yuan no longer one-way bet as currency slides against US dollar
The sharp appreciation in the value of the Chinese yuan in 2018 came to a crunching halt on Thursday after Beijing cautioned against
Zimbabwe to cut budget deficit by half in 2018 as economy slows down 3%
Zimbabwe expects to cut its budget deficit by half next year to 4 percent of the gross domestic product, while economic growth will
British pound rises against dollar after UK July retail sales beat analyst expectations
The British pound rose against the dollar Thursday after official figures showed United Kingdom’s retail sales beat expectations in
Why is the US dollar falling?
The US dollar, long a symbol of American economic might, has fallen steadily this year. The value of the dollar index, which tracks
U.S. stocks slump, bonds rally amid Trump turmoil: Markets wrap
Risk off sentiment grips markets with Washington on edge Stocks fall as volatility indexes, bonds gain; oil rises Assessing President
British Pound to Canadian dollar exchange rate benefits from Trump uncertainty
Despite Sterling weakness, the Pound to Canadian Dollar exchange rate has recovered from its weekly lows on Wednesday as the latest US