News

An RBI-appointed panel has recommended retaining current trading hours for forex markets while extending call money market ...
After a decade-plus long lull, FX is finding itself in the centre of the epic storm that has been rocking financial markets ...
The currency markets are essentially hedging markets which are open for trading from 9 am till 3:30 pm with after-market ...
The dollar was losing steam versus a basket of six major rivals on Thursday and weakened to a three-year low as currency-market traders focused on the lack of certainty in U.S. trade. With the ICE U.S ...
President Donald Trump’s return to office has brought sweeping tariff measures aimed at reviving domestic manufacturing and ...
The naira appreciated against the dollar at the official foreign exchange market on Tuesday. The Central Bank of Nigeria's ...
The currency sales rate in April is the lowest since March last year. In April, the NBU bought USD 0.018 billion on the interbank market and sold USD 2.261 billion. For comparison, in March 2025, the ...
After May 1, the next stock market holiday will be on Independence Day, August 15. Other holidays include Ganesh Chaturthi ...
The naira continued its downward trajectory on Tuesday, April 29, 2025, closing at N1,602.02/$1 at the official Nigerian Foreign Exchange ...
China's foreign exchange reserves adhere to the principles of safety, liquidity, and value preservation and appreciation, and ...