The Central Bank of Nigeria (CBN) yesterday cleared the way for the banks to sell foreign exchange at rates determined by them, as part of the strategy by the apex bank to stabilise the naira. The ...

Discover the ins and outs of fixed-for-fixed currency swaps, where parties exchange fixed interest payments across different ...

In forex trading, where market sentiment can shift in an instant, central banks play a pivotal role in influencing currency movements. Traders closely watch monetary policy decisions, as these reveal ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...

Around forty years ago, my lifelong obsession with trading and markets began when I started work in the interbank forex market. Even after all these years, I can remember all too well what I felt ...

Currency arbitrage refers to the practice of taking advantage of exchange rate differences in various foreign exchange market venues to make a net profit. Currency arbitrage plays a significant role ...

The foreign exchange market will remain volatile in the short term as market expectations continue to drive the demand and supply dynamics. Analysts predict that the naira is likely to trade within ...

The temporal method is a currency translation technique for foreign subsidiaries, allowing profits and losses to be computed ...

The CBC’s letter to the Economist was like waiving a red flag in front of a bull, especially when the regulators are rigging ...