According to Forex Traders, the domestoc unit also came under pressure due to a weak opening in domestic equities and sustained foreign institutional investor (FII) outflows.

The Central Bank of Nigeria (CBN) injected about $580 million into the foreign exchange market in May to save the naira from ...

At the interbank foreign exchange market, the rupee opened at 85.53 and later edged up to 85.51, marking a 6 paise gain from ...

South Korea's central bank governor said on Thursday "excessive" policy interest rate cuts could cause another round of price ...

ADAPTED rules by the Bank of Tanzania now allow the use of foreign currency for payments for goods and services between ...

On the domestic front, Indian equity markets mirrored the global nervousness. The BSE Sensex tumbled 1,337.39 points to ...

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may ...

Main Street investors looking to enter the foreign currency investing market, or forex, should do so with eyes wide open, as currencies are one of the more complex markets. Even ...

The U.S. dollar slumped to its lowest level since 2022 on Thursday, putting the greenback on track to have its worst start to ...

Dar es Salaam . The Tanzanian shilling has rallied to become one of the top performing currencies in the world, due mainly to ...

Harvard Kennedy School Professor Carmen Reinhart, an expert on financial crises and sovereign debt, unpacks bond market ...