Kenya’s Central Bank Confident in FX Reserves Amid Shilling Volatility
Kenya has sufficient foreign exchange reserves to manage any volatility in the shilling caused by the Iran conflict, the country’s...
Tag Archives: #ForeignExchange
Naira Struggles at Official Window, Depreciates to 1536/$ Amid FX Challenges
The Nigerian naira struggled at the official exchange rate window last week, shedding 1.25 percent week-on-week and closing at 1536.89/$...
Naira Depreciates Slightly Amid CBN Interventions, FX Reserves Continue to Rise
In a week marked by fluctuating market dynamics, the Nigerian naira experienced a modest depreciation of 0.6% against the U.S....
Central Bank of Nigeria Launches Electronic Foreign Exchange Matching System To Enhance Transparency In Forex Market
In an effort aimed at strengthening the integrity of Nigeria’s foreign exchange market, the Central Bank of Nigeria (CBN) has...