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MarketNews
South African Rand (ZAR) weakened against trading pairs in the forex market on Thursday as global commodity prices fell amid a stronger US dollar.
The naira depreciated strongly against the US dollar in the Nigerian foreign exchange market (NFEM) on Wednesday as pressure on the local currency deepened.
The Central Bank of Nigeria (CBN) repriced the 364-day Treasury bill rate at the midweek auction to 15.89%, with total subscriptions exceeding N1 trillion.
Liquidity: Interbank Rates Dip Below 25% after MPR Corridor Adjustment Interbank rates declined below 25%…
Money Rates Fall as OMO, SDF Inflows Boost Liquidity to N3.3trn Money market rates fell…
Rates Tighten, Banks’ Placements at Deposit Facility Rise The short-term benchmark interest rates tightened as…
Rates Hit Floor in Money Market, Banking Liquidity Remains Surplus Surplus liquidity in the banking…
Investors Step Up Treasury Bills Hunting after CBN Rejects Bids Investors stepped up hunting for…
Short-Term Rates Mix as Cross-Currency Swap Tightens Liquidity Interbank rates closed on a mixed note…