[ad_1] You might have noticed that the items you’ve bought recently might have become slightly more expensive than usual. The cause: Inflation Inflation is a monetary phenomenon that has…
Tag: forex
Nigerian Forex Inflows: ‘Ambiguous Foreign Exchange Regime’ Blamed After Inflows Dropped to $5.32 Billion in 2022 – Africa Bitcoin News
[ad_1] Between 2019 and 2022, the value of foreign capital that flowed into Nigeria dropped from $23.9 billion to $5.32 billion. The drop has been attributed to low investor confidence,…
Rising aviation fuel price, forex scarcity blamed for airfares hike
[ad_1] The high cost of aviation fuel has been a major issue for airlines, constituting a substantial part of their operating costs. FUNMI FABUNMI writes about how exorbitant aviation fuel…
Govt issues fresh guidelines to regulate forex payments
[ad_1] A man counts dollar bills. — AFP/File Guidelines issued to ensure financial discipline for reviving stalled IMF pay out. Govt enacts Public Finance Management Act 2019 in pursuance of Article…
S. African ‘Forex Cartel’ Case to Move Ahead, Nine Banks Added
[ad_1] South Africa’s Competition Tribunal has ruled that is has jurisdiction to hear the so-called forex cartel case in which foreign and local banks are implicated in alleged collusion to…
Ringgit on recovery path after sustained depreciation against US$ in 2022 – Bank Negara
[ad_1] KUALA LUMPUR: The ringgit experienced a period of sustained depreciation against the US dollar in 2022 amid the US Federal Reserve raising its policy interest rate aggressively by 425…
Ringgit in tight range against dollar
[ad_1] KUALA LUMPUR: The ringgit is likely to remain within a tight range against the US dollar this week, ahead of Bank Negara’s annual report on March 29, says an…
Ringgit ends marginally higher against US dollar
[ad_1] KUALA LUMPUR: The ringgit was traded in a tight range against the US dollar today as market participants were cautious about the Federal Open Market Committee (FOMC) meeting on…
Asia FX and stocks climb after banks rescue bolsters confidence
[ad_1] SOUTHEAST Asian currencies and stocks rose on Friday after multi-billion dollar lifelines for troubled banks eased stress on the global financial system and shored up investor hopes that the…
Rupee rises 25 paise to 82.51 against U.S. dollar in early trade
[ad_1] The rupee reversed its four-day losing streak and rose 25 paise to 82.51 against the U.S. dollar in early trade on March 17 amid positive trends in the domestic…