Investors are right to be concerned that the wild swings in the global currency market seen over the past few days could ...

This decision is a pragmatic step, regardless of whether it was motivated by the necessity of meeting IMF program conditions ...

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

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

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 ...

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

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 ...

South Korea's foreign exchange reserves dropped to the lowest level in five years in April, caused by market stabilising ...

Investors have valid reasons to be concerned about wild swings in the global currency market over the past few days, according to one market veteran. Since late 2022, Stephen Jen, chief executive ...

According to Dow Jones Market Data, this was the largest move on record for the currency pair going back to at least 2007. Other Asian currencies, like the South Korean won (USDKRW), also surged ...

The dollar price for import LC (Letter of Credit) remained stable at Tk122 as most banks decided to trade at this rate today (15 May), the second day after the Bangladesh Bank directed banks to ...