Browsing: USD

Naira Plummets, External Reserves Dip as CBN Auctioned $300m The naira exchange rate plummeted against the US dollar as importers…

US Dollar Falls Ahead of Fed Speeches The US dollar fell against its major trading partners early Tuesday, except for…

Bitcoin Rises Near $102,000, other Digital Assets Rally The bitcoin price has climbed near the $102,000 level in a fresh…

US Dollar Declines against Trading Partners as Rally Loses Steam The US dollar fell against its major trading partners early…

CBN Defends Nigerian Naira With $37m Sold to Banks The Central Bank of Nigeria (CBN) spent additional $37 million in…

Global cryptocurrencies market capitalisation rose as Bitcoin gained more than 4.2% in 24 hours to $98,030,

Global cryptocurrencies market value jerked down as bitcoin and ether exchange-traded funds saw some

Chinese Yuan Strengthens 7.1901 Against Dollar The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 10…

The average yield on Nigeria’s Eurobond rose as foreign portfolio investors (FPIs) liquidated positions amidst U.S. interest rate cuts. The risk-off reactions followed sustained monetary easing in the U.S. amidst expectations that a rate cut would cause a flight to safety in 2025.

Bitcoin topped the $107,000 price level in the global cryptocurrency markets before the orange coin retreated due to easy profit-taking by retail investors. The world’s largest crypto asset has now settled at $106,500 while Ethereum traded near $4,000—