Economists have expressed concern that the Reserve Bank of Malawi’s (RBM) strict enforcement procedures will not ease the ...

The Central Bank of Nigeria (CBN) has introduced fresh measures mandating cash settlement limits and the swift return of unused foreign exchange to the market, as part of a broader framework allowing ...

The naira appreciated again against the US dollar, marking its third consecutive gain following CBN’s decision allowing BDCs ...

The rupee depreciated 8 paise to 90.69 against the US dollar in early trade on Friday, pressured by the strengthening of the American currency and a negative trend in domestic equities. Forex traders ...

Nigeria's foreign exchange market faces a widening gap between official and parallel rates, driven by rising dollar demand ahead of the 2027 elections.

The Central Bank of Nigeria now allows licensed BDCs to buy dollars from authorised banks, aiming to boost retail supply and ...

Rupee gains 38 paise, rising to 90.40 against the US dollar amid foreign fund inflows and RBI liquidity support.

The central bank executed the purchase at a cut-off rate of Tk 122.30 per US dollar, Arif Hossain Khan, Executive Director ...

Governor Dapo Abiodun of Ogun State has declared that Nigeria’s most damaging economic burden before May 2023 was not the petrol subsidy but the foreign exchange subsidy, arguing that it inflicted ...

The rupee witnessed a volatile trading session and settled for the day on a lower note, down 9 paise at 90.74 (provisional) ...

Trump-linked World Liberty Financial said it plans to launch a forex platform called World Swap, built around its ...