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Nigeria's naira falls to a record 980 on black market - abokiFx
Reuters via Yahoo Finance· 8 months agoNigeria's naira fell to a record low on the black market on Wednesday, driven mostly by speculative demand as individuals turn to the dollar as a store of value, traders said. The unit was quoted ...
UPDATE 2-Nigeria's naira hits record low after central bank adjusts spot rate
Reuters via Yahoo Finance· 1 year agoThe Nigerian naira hit a record low of 466 per dollar on the official market on Thursday, after the central bank weakened the currency on the spot market and at its foreign exchange auction ...
Biggest Devaluation in Six Years May Be on the Cards for Nigerian Currency
Bloomberg via Yahoo News· 2 years ago(Bloomberg) -- Africa’s largest economy is expected to devalue its currency after elections in...
EMERGING MARKETS-Brazil's real steady after inflation data, Hungary trims interest rates
Reuters via Yahoo Finance· 8 months ago* Brazil inflation in line with forecasts in mid-Sept * Hungary cbank trims key rate but flags inflation risks * Nigeria's naira hits new low on black market By Amruta Khandekar Sept 26 (Reuters ...
Investors Already Bet Nigeria’s Next Leader Has No Chance of Fixing Fiscal Crisis
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- Nigeria’s bond market is already betting that the nation’s next leader — whoever it...
From the tumbling peso to the soaring pound – 2023’s currency winners and losers
The Telegraph via Yahoo Finance· 5 months agoHoliday makers can hardly have failed to notice 2023 was a stellar year for the pound. Of the...
UPDATE 3-Nigeria's central bank surprises with rate hike, cites inflation
Reuters via Yahoo Finance· 2 years agoNigeria's central bank on Tuesday raised the benchmark interest rate by 150 basis points to 13%, its first hike in more than two years, to combat rising inflation, sending markets tumbling.
UPDATE 3-Nigeria central bank hikes rates again, to 14%, to tame inflation
Reuters via Yahoo Finance· 2 years agoNigeria's central bank raised its benchmark lending rate to 14.0% from 13.0% in another effort to rein in soaring inflation, and warned of further tightening if prices continued rising. Governor ...
FTSE 100 Live: Pound lowest since March, London top flight closes flat, Burberry lower
Evening Standard via Yahoo Finance· 8 months agoLondon shares edged up this afternoon after an early decline driven by fears of a longer spell of...
