News

Nigeria's foreign exchange market has faced numerous challenges ... Leaders in the industry must lead by example, embedding the code's standards within their organisations. The Central Bank ...
For example, the bond market sells securities ... as cash is the most liquid of assets. The currency market handles more than $7.5 trillion in daily transactions, more than the futures and equity ...
While the difference may look small, in the multitrillion-dollar foreign exchange market, gains and losses can add up quickly. For example, on a $10 million position that closed at 112.01 ...
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 ...
Investment in technology and innovation, for example, has the potential to ... and efficient foreign exchange market should be aligned with a broader strategy aimed at fostering transparent ...
Some central banks have maintained overvalued official exchange rates, while unable to ensure that supply of foreign exchange meets legitimate demand for current account transactions at that price. A ...