The Central Bank of Nigeria’s (CBN) yesterday injected $876 million into different segments of the foreign exchange (forex) markets. The forex injection reaffirms the apex bank’s commitment to support ...
Former RBI deputy governor Michael Debabrata Patra said that India should build $1 trillion in forex reserves and deploy ...
From FDI easing to ECB inflows and a ready Yen swap line, the RBI prefers structural tools over the NRI window ...
Central bank announcements are among the most significant market-moving events in forex trading. Interest rate decisions, policy statements, and press conferences from institutions such as the Federal ...
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Angola’s central bank ordered commercial lenders to make available almost a third of the foreign exchange they buy from oil and diamond companies for trading on the interbank market to improve ...
Business Daily Africa on MSN
Banks’ forex income hit by US dollar surplus
Excess US dollar liquidity and the decision by the Central Bank of Kenya (CBK) to hold the Kenya shilling steady at around Sh129 against the American currency has curbed banks’ revenue from foreign ...
MUMBAI, March 28 (Reuters) - India's central bank may revert to giving banks a fixed amount of on-tap overnight liquidity, heeding the call of lenders after its temporary use helped rein in a large ...
Former RBI Deputy Governor Michael Patra advocates for India to build foreign exchange reserves to at least $1 trillion. This ...
TAIPEI (Reuters) - Taiwan's central bank said on Monday that it will intervene if necessary to ensure the stability of the Taiwan dollar exchange rate and that it has "sufficient ability" to deal with ...
Total inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) rose by 21.4 per cent to $2.34 billion amid increased inflows from individuals and non-bank institutions. The latest report ...
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