In forex trading, where market sentiment can shift in an instant, central banks play a pivotal role in influencing currency movements. Traders closely watch monetary policy decisions, as these reveal ...
The foreign exchange market will remain volatile in the short term as market expectations continue to drive the demand and supply dynamics. Analysts predict that the naira is likely to trade within ...
The temporal method is a currency translation technique for foreign subsidiaries, allowing profits and losses to be computed ...
Discover the ins and outs of fixed-for-fixed currency swaps, where parties exchange fixed interest payments across different ...
The Central Bank of Nigeria (CBN) yesterday cleared the way for the banks to sell foreign exchange at rates determined by them, as part of the strategy by the apex bank to stabilise the naira. The ...
Stubborn resilience in US activity data and risk-off waves from China have translated into a strengthening of the dollar over the summer. We still think this won’t last much longer and see Fed cuts ...