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Now Donald Trump’s return to the White House has jolted currency markets back to life. In April a measure of the volatility ...
The foreign exchange market is the most actively traded market in the world, with trillions of dollars in currencies changing hands each day. Foreign exchange markets exist in major cities around ...
In recent months, the Nigerian foreign exchange market has attracted substantial attention due to the proactive measures initiated by the Central Bank of Nigeria (CBN) under the stewardship of ...
At the interbank foreign exchange market, the rupee opened strong at 85.66 and climbed further to 85.54 in the early session — up 26 paise from its previous close. On Tuesday, the rupee had closed 30 ...
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 ...
Jateen Trivedi, VP research analyst—Commodity and Currency at LKP Securities, noted that the rupee remained largely stable near 85.50 as market participants awaited US GDP numbers, which are ...
The NBU increased the net sale of foreign currency on the interbank foreign exchange market in the period from April 28 to May 2 by 20% compared to the previous week to USD 742.7 million. This follows ...
The speed of adjustment is inversely related to the degree of rationing in the official foreign currency market. A once-for–all devaluation of the official exchange rate has no long-term effect on the ...
KUALA LUMPUR: Bank Negara Malaysia (BNM) will intervene in the foreign exchange ... labour market conditions and higher tourism activities. Malaysia’s broad and diversified economic structure ...