The Naira is projected to depreciate to N1,804 per dollar in the official market by 2025, according to a new report by Afrinvest titled “Beyond The…
Browsing: FOREX
Ghana’s local currency, the cedi, continues to strengthen against major trading currencies, particularly the US dollar, at several forex bureaus. In November, the cedi closed at…
Ghana’s local currency, the cedi, is maintaining its upward trajectory against major trading currencies, particularly the US dollar, at various forex bureaus. At the close of…
South Africa’s rand gained strength on Thursday, trading at 18.11 against the dollar by 0714 GMT, about 0.4% stronger than its previous close. This movement comes…
The Naira strengthened further against the dollar in the foreign exchange market, starting the week on a positive note. Abubakar Alhassan, a Bureau De Change operator…
The naira strengthened against the dollar at the parallel foreign exchange market (black market) on Wednesday. According to Abubakar Alhassan, a Bureau of De Change operator…
The Central Bank of Nigeria (CBN) has announced a minimum trade value of $100,000 for interbank foreign exchange (FX) trading via the Electronic Foreign Exchange Matching…
The naira continued its decline against the dollar, ending the week on a negative note at the foreign exchange market. FMDQ data revealed that the naira…
The naira saw further gains against the dollar in the foreign exchange market, ending the week on a positive note. According to FMDQ data, the naira…
PZ Cussons has announced its intention to offload its African subsidiaries to potential buyers due to foreign exchange difficulties. This decision was disclosed in the company’s…