CBN will revise the forex manual to stabilise the naira amid record N11.9 trillion stock market transactions in 2025.
The rupee hit a new low against the dollar, prompting the RBI to intervene by selling dollars. Simultaneously, the central ...
Indeed, the US Dollar Index (DXY) not only gave back all its gains for the year but also slid all the way down to four-week lows below the 98.00 mark.
Despite the recent geopolitical volatility, the Fed's January decision looks like a fairly clear-cut case. Powell ...
The EastAfrican on MSN
How IMF-backed forex reforms cost Ethiopia $2.6bn
IMF-backed reforms have stabilised the market but left Ethiopia’s central bank grappling ...
India’s $686 billion reserves suggest total invulnerability, yet a hidden drain is emerging—a rise in outward-bound FDI. Foreign capital inflows, a key source of reserve accretion, can’t be taken for ...
The U.S. dollar held on to overnight gains against major peers on Thursday after President Donald Trump withdrew a threat to impose tariffs on a number of European NATO nations, trumpeting the ...
The RBI’s swap lowered dollar/rupee hedging costs, countering the upward pressure on forward premiums that would normally accompany a fall in the currency.
Abstract: Images are widely used in social networks, necessitating efficient and secure transmission, especially in bandwidth-constrained environments. This article aims to develop a color image ...
The rupee plunged 67 paise to close at an all-time low of 91.64 (provisional) against the American currency on Wednesday, ...
UNP MP Ravi Karunanayake raised serious concerns in Parliament over what he described as a growing disconnect between Sri ...
Learn about the key functions of major central banks and how their policies shape global financial markets and economic ...
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