Shares are mostly higher in Europe and Asia after U.S. stocks stormed to records as investors considered what Donald Trump’s return to the White House will mean for the economy ...
The value of the naira continues its free fall against the US dollar in the foreign exchange market and is now currently at the lowest level in history.
The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The ICE U.S.
For the commodity-driven, Brics-aligned South African economy, Trump’s protectionist policies, trade conflicts and geopolitical decisions may lead to increased future currency volatility and trade ...
Asian equities, excluding China, witnessed sharp foreign outflows in October, as investors wary of the U.S. presidential election outcome reacted to concerns over weaker-than-expected corporate ...
Financial markets are now pricing in nearly a 98% possibility of a quarter point reduction and near 70% odds of a ...
The Korean won-to-dollar exchange rate opened at 1,402.0 won, up 5.8 won from the previous day’s closing rate on Nov. 7. The recent rally in the dollar appears to be driven by former U.S. President ...
CONTRARY to the upswing in the global financial markets in response to the victory of Donald Trump, Nigeria’s stock market went negative ...
The Central Bank of Nigeria has issued guidelines to banks on implementing the free foreign exchange deposit window announced by the Federal Government recently.
By Elizabeth Adegbesan The Naira yesterday appreciated to N1,720 per dollar in the parallel market from N1,725 per dollar on Monday Similarly , the Naira appreciated to N1,671.32 per dollar in the ...