India’s central bank has asked currency traders to reduce the practice of buying dollars in the onshore market and then ...

The Nigerian naira strengthened at the official Nigerian Autonomous Foreign Exchange Market (NAFEM) on Monday, closing at ...

Merger arbitrageurs overplayed their Trump card. Hedge funds that bet on pending deals rapidly narrowed the gap between ...

The Nigerian naira faced renewed pressure at the official foreign exchange window last week, depreciating by 1.25 percent to ...

If last year’s UBA record-breaking N607 billion profit seemed like a fluke, the bank’s 2024 numbers suggest it’s the real ...

The naira struggled at the official window in the past week, shedding 1.25 per cent week-on-week to settle at 1536.89/$ on Friday.

The Indian rupee rose for the seventh straight session on Thursday, its longest winning streak since January 2024, as ...

Despite their lack of inclusion in broad 'agg' indices, CLOs have proven they belong in investors’ core bond portfolios.

The domestic currency ended 6 paise stronger at 86.37 against the greenback after closing at 86.43 on Wednesday ...

The naira and Nigeria’s foreign reserves saw significant gains last week, as the Central Bank of Nigeria (CBN)’s policy ...

A broadly weaker dollar has prompted a paring of short bets against Asian currencies with shorts on the Chinese yuan, a ...

This, along with a system that supports arbitrage of the currency because of the different rates for dollars within the country, has been destroying the balance. For example, if an influential ...