BankingFeaturedCentral Bank of Nigeria continues to enhance foreign exchange market liquidityIFM CorrespondentAugust 20, 2024 by IFM CorrespondentAugust 20, 2024 According to a recent bank statement, the Central Bank of Nigeria's policy goals are to support market confidence and produce observable outcomes... Read more
CurrencyFeaturedNigerian Naira strengthens to N806.73 against Dollar at official marketIFM CorrespondentDecember 11, 2023December 11, 2023 by IFM CorrespondentDecember 11, 2023December 11, 2023 The naira closed at N1,165 to the USD, the same exchange rate, marking a day of stability... Read more
EconomyMagazineDollar’s kingship under threat?IFM CorrespondentAugust 11, 2023August 11, 2023 by IFM CorrespondentAugust 11, 2023August 11, 2023 As of 2023, central banks hold about 60% of their foreign exchange reserves in Dollars... Read more
FeaturedForexJP Morgan cuts foreign exchange exposure in Latam on US electionInternational Finance Business DeskNovember 5, 2020November 5, 2020 by International Finance Business DeskNovember 5, 2020November 5, 2020 Chile’s peso gained momentum across Latin American currencies earlier this week... Read more