The value of the naira has appreciated again against the US dollar in both the official and black markets, as the IMF ...

Renaissance Capital Africa has made bold comments on the performance of the naira against the United States dollar in ...

“Arguably the interest rate in a country is the biggest driver of currency exchange rates,” says Clive Ponsonby, former forex trader at J.P.Morgan and author of Currency View, a monthly ...

If youve exchanged money recently, for travel, investments, or a global transfer, youve probably seen rates shift. These movements show how exchange rates react to simple forces, like interest rates, ...

On a day when currency markets suggest $100 should buy you €93, a currency exchange desk might hand you just €81, while a more modern method would net you a rate closer to €92, assuming you ...

Historical exchange rates can also be used to forecast future exchange rates and make informed decisions about currency trades. This data informs economists, investors and financial professionals.

Currency traders have attributed the recent performance of the naira and the relative stability of the foreign exchange (forex) market ...

Forex trading is the act of buying one national currency while selling another. The exchange rate for these currencies is constantly changing due to supply and demand.

Pegging a currency reduces exchange rate risk for businesses involved in international trade, and doing so at a high level of devaluation can make a country’s goods artificially cheap, which can ...

Currency futures are a fascinating financial instrument that allows traders to lock in exchange rates for currencies at a predetermined date. Unlike the often unpredictable nature of forex trading ...

For most people, the most sensible approach is not to try to become a part-time currency trader, but to find the best ...