FOREIGN EXCHANGE
May 25, 2024
Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million
The bank’s director for risk management also stated that street trading of foreign exchange is now prohibited.
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May 24, 2024
IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’
May 20, 2024
Nigerian Currency Slides 5% After Central Bank Injects More Than $80 Million Into Forex Market
May 12, 2024
Nigerian Currency Becomes Worst-Performing After Erasing All Early April Gains
May 10, 2024
Zambian Currency, the Kwacha, Plunges to New Record Low Against US Dollar
May 1, 2024
Nigeria Cryptocurrency Clampdown: Central Bank Directs Fintech Firms to Stop Opening New Accounts
Apr 28, 2024
Nigerian Currency Reverses Early April Gains, Depreciating by 12% in Seven Days
Apr 20, 2024
Nigerian Central Bank Governor Denies Using Forex Reserves to Defend Local Currency
Apr 10, 2024
Nigerian Central Bank Prohibits Use of Foreign Exchange as Collateral for Local Currency Loans