Currency market
Central bank of Nigeria injects $331.4 m into currency market
Nigeria’s central bank said Friday it had injected $331.41 million into the interbank foreign exchange market, continuing its efforts to…
Dollar retreats ahead of U.S. tax bill as pound prepares for rate decision
The dollar pulled back from a 3-1/2-month high versus the yen and also fell back against the euro on Thursday,…
South Africa’s rand slumps 1.3% against US dollar as Zuma reshuffles cabinet
South Africa’s rand led emerging-market currency declines against the dollar amid speculation that President Jacob Zuma is preparing to fire…
Turnover in Nigeria fixed income, currency markets drop in July as CBN cuts back forex intervention
Transaction turnover in Nigeria’s fixed income and currency markets for the month of July 2017 amounted to ₦11.53 trillion, an…
Nigeria’s central bank to auction N62bn treasury bills next week
Nigeria’s central bank on Wednesday said it plans to sell 62.43 billion naira ($171 mln) of treasury bills at an…
Intimidation tactics gag traders in Kenya’s currency market
Kenya’s central bank is taking an unusual (intimidation) approach to protecting its currency. According to Bloomberg's report, monetary authorities in…
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