The naira, again appreciated drastically against the dollar at the official foreign exchange market to end Wednesday on a ...

Investors have valid reasons to be concerned about wild swings in the global currency market over the past few days, ...

Nigeria's currency, the naira, continued to appreciate against the dollar at the official exchange market on Tuesday. The ...

Central bank will keep intervening in the forex market through dollar buy-sell and a currency band will be maintained ...

Other markets also showed wide ranges, with volatility at times on a par with the 2008/09 global financial crisis and the ...

The naira appreciated by N5.72 across foreign exchange (FX) markets after trading on Monday. The dollar was quoted at N1,600.43, marking a gain of 0.4 per cent compared to N1,606.15 seen on Friday at ...

Nigeria’s currency, the naira, appreciated against the US dollar at the official foreign exchange market on Monday, closing at N1,597.7/$1, ...

Taiwan’s dollar surged the most since 1988 as traders speculated that authorities might allow it to appreciate to help reach ...

Bangladesh has moved to a more flexible, market-oriented exchange rate system, easing pressure on foreign exchange reserves and meeting a key condition tied to a $4.7 billion loan programme with the ...

US President Donald Trump’s efforts to “rebalance” global trade have spooked Wall Street, disquieted US Treasuries and sent investors rushing to buy gold. They have now also roiled a normally staid ...

By Elizabeth Adegbesan The naira yesterday depreciated to N1, 635 per dollar in the parallel market from N1,625 per dollar on Tuesday. The Naira has recorded a 1.8 percent or N29 depreciation in the ...

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the ...