Naira depreciates further, residents stockpile dollars amid currency market turmoil
By Press Room
1 Mins read
In a significant development, Nigeria’s currency, the naira, depreciated by nearly 5% against the US dollar in the parallel market. This depreciation…
The European Central Bank (ECB) is making strides towards a digital euro, but the initiative is encountering delays due to privacy concerns…
By Karen Brettell NEW YORK (Reuters) – The dollar rose against the euro and yen on Wednesday as benchmark 10-year Treasury yields…
Credit Agricole (OTC:) highlighted an unusual divergence in the financial markets on Wednesday. Despite US 2-year rates and 10-year yields hitting their…
Rouble steadies, locking in gains made after Putin ordered capital controls
By Press Room
1 Mins read
MOSCOW (Reuters) – The Russian rouble steadied near 97.5 to the dollar on Friday, locking in the hefty gains made in the…
By Leika Kihara MARRAKECH, Morocco (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Friday he told his G20 counterparts that Tokyo…
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar touched a one-week high against a basket of currencies on Friday, extending…
By Leika Kihara MARRAKECH, Morocco (Reuters) -The yen’s recent declines are driven by fundamentals and do not meet any of the considerations…
Investing.com– Most Asian currencies fell slightly on Monday, while the dollar retreated from recent peaks as investors continued to fret over any…
By Jaspreet Kalra and Ankur Banerjee SINGAPORE/MUMBAI (Reuters) – Asia’s central banks have spent this year defending their currencies against a strong…