ECONOMISTS noted on Friday that the Bangko Sentral ng Pilipinas’ (BSP) recent move of hitting the brakes on policy rate cuts will help lessen the risk of foreign exchange-induced inflation, taking ...
The Nigerian naira has demonstrated relative stability in the parallel market, trading at N1,570 per US dollar from Wednesday through ...
The Nigerian currency has depreciated against the United States dollar in both the official and unofficial foreign exchange ...
Economists say the USD/VND rate stayed elevated in early 2025, influenced by shifts in the US trade policies. A major factor ...
The USD/JPY exchange rate has retreated in the past few days as the market focuses on the next actions by the Federal Reserve ...
The Bangladesh Bank (BB) is not moving away from the crawling peg mechanism to a free-floating exchange rate regime right now to “avoid any speculative role” by foreign currency market aggregators.
Investment firm Comercio Partners Limited has released its exchange rate projection following the recent performance of the ...
The dollar exchange rate will remain stable as the country expects an additional $11-12 billion inflow in the current fiscal year, Bangladesh Bank Governor Ahsan H Mansur said today (10 February). ...
Since assuming office in September 2023, Governor Olayemi Cardoso has implemented several bold monetary policy reforms aimed ...
Some travelers prefer trading their U.S. dollars for euros or other currencies at their local bank so they have cash to tip taxi drivers or porters at the airport or buy a coffee or lunch.
Swiss National Bank (SNB) Petra Tschudin commented on the policy outlook on Friday. She said that “policy choices include FX ...
Importers are to pay more as the Central Bank of Nigeria (CBN) has raised the exchange rate for computing Customs duties at ...