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339 posts

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Currencies

Currencies

Russian finance ministry to increase deferred FX purchases in November

By Press Room
November 6, 2023
1 Mins read
Currencies

US dollar tumbles to six-week low after soft jobs data

By Press Room
November 6, 2023
3 Mins read
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell to a six-week low on Friday after data showed the world’s largest…
Currencies

Dollar extends drop, remains vulnerable after Fed steer

By Press Room
November 6, 2023
2 Mins read
By Samuel Indyk and Rae Wee LONDON (Reuters) -The U.S. dollar extended its decline on Monday, having fallen by the most since…
Currencies

Dollar slips lower, continuing last week's selloff

By Press Room
November 6, 2023
2 Mins read
Investing.com – The U.S. dollar edged lower in early European trade Monday, falling to a six-week low and extending last week’s declines…
Currencies

Naira devaluation hits cross-border trade as commodity prices surge

By Press Room
November 6, 2023
1 Mins read
The continuous devaluation of the Nigerian Naira, which recently peaked at N2,010 per CFA1000, has significantly disrupted cross-border trade and led to…
Currencies

Asia FX gains, dollar at 6-week low as Fed pause bets soar

By Press Room
November 6, 2023
2 Mins read
Investing.com– Most Asian currencies strengthened on Monday, while the dollar hovered near six-week lows as softer-than-expected U.S. payrolls data and less hawkish…
Currencies

Nigerian Naira appreciates amid Central Bank's forex initiative and expected foreign currency influx

By Press Room
November 3, 2023
1 Mins read
In a significant turn of events, the Nigerian Naira has appreciated against the United States dollar, trading below N1,000 for the first…
Currencies

Dollar maintains strength amid global economic uncertainties

By Press Room
November 3, 2023
1 Mins read
The US dollar is forecasted to maintain its strength through the end of 2023, despite traditional weakness in the November-December period. This…
Currencies

Rupee exchange rates fluctuate as India's forex reserves surge

By Press Room
November 3, 2023
1 Mins read
India’s foreign exchange reserves saw a significant increase, despite a notable foreign investor pullout, ending the week of October 27 with a…
Currencies

PBOC to strengthen cross-border fintech applications with Hong Kong and Macao

By Press Room
November 3, 2023
1 Mins read
The People’s Bank of China (PBOC) announced plans on Friday to integrate its fintech regulatory tools with Hong Kong and Macao, aiming…
Currencies

NZD/USD on track to break three-week losing streak, eyes on NFP report

By Press Room
November 3, 2023
1 Mins read
The currency pair is looking to end a three-week losing streak, with early trading today seeing the pair slightly lower at $0.5890/95,…
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