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Nigerian Currency Slides 5% After Central Bank Injects More Than $80 Million Into Forex Market
May 20, 2024
Nigerian Currency Slides 5% After Central Bank Injects More Than $80 Million Into Forex Market

The naira's depreciation is said to have occurred just a day after the central bank injected between $80 million and $100 million.

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China's $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets
May 18, 2024
China's $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets
Robinhood's Crypto Revenue Surges 232% Despite Looming SEC Battle
May 9, 2024
Robinhood's Crypto Revenue Surges 232% Despite Looming SEC Battle
Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’
May 1, 2024
Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’
Zimbabwe’s Central Bank Launches Gold-and Forex-Backed ‘Structured Currency’
Apr 6, 2024
Zimbabwe’s Central Bank Launches Gold-and Forex-Backed ‘Structured Currency’
Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid Requirement
Mar 8, 2024
Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid Requirement
New York Community Bancorp Counters Moody's Junk Status, Asserts Strong Deposits
Feb 8, 2024
New York Community Bancorp Counters Moody's Junk Status, Asserts Strong Deposits
Egypt Aims to Ease Pressure on Forex Reserves via $1 Billion Treasury Bill Auction
Feb 6, 2024
Egypt Aims to Ease Pressure on Forex Reserves via $1 Billion Treasury Bill Auction
US Banking Sector Volatility — Distressed Commercial Real Estate Sector Raises Default Concerns
Feb 1, 2024
US Banking Sector Volatility — Distressed Commercial Real Estate Sector Raises Default Concerns