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- Align Fuel Cost With World Crude Oil Price, Lokpobiri Urges Marketers
- IPMAN Assures Nigerians of Continued Petrol Price Reduction
- No Shadow Budget in Nigeria – Oyedele
- Can Africa Finance Its Own Development?
- Money Market Rates Mixed Amidst Sharp Liquidity Shrink
- Crude Oil Prices Ease as OPEC+ Boosts Output
- South African Rand Weakens as Fed Rate Expectations Drive USD Rally
FX Market
The South African rand is marginally weaker against the US dollar on Monday as markets price
The FX spread, or the exchange rate gap between the naira spot rates in the official and informal segments
The naira destiny has been successfully tied to hot money equation – high interest rate can only broing foreign capital
The South African rand remained on edge amid hawkish expectations from the US Federal Reserve
The naira hovered around NGN1,380 per dollar at the Nigerian Foreign Exchange Market (NFEM) amidst a 56% surge in interbank FX turnover.
The South African rand is trading stable against the US dollar, Euro and sterling on Thursday
The Nigerian naira depreciated against the US dollar at the foreign exchange market …
The South African rand softened against crosses on Wednesday as a stronger US dollar.
The naira slid against the US dollar at the Nigerian foreign exchange market (NFEM) on Tuesday
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