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Tag Archives: forex

Investor anxiety ahead of Trump-Xi meet cap DXY gains

Investor anxiety ahead of Trump Xi meet cap DXY gains picture-12002-310x165

Dollar turns positive against yen in European trade* Investor anxiety ahead of Trump-Xi meet cap DXY gains* Czech crown implied vol. For Reuters Live Markets blog on European and UK stock markets see reuters://realtime/verb=Open/url=http://emea1.apps.cp.extranet.thomsonreuters.biz/cms/?pageId=livemarkets (Additional reporting by Tokyo markets team; editing by Mark Heinrich) The greenback turned positive in morning …

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(CBN) refuted declining sale of foreign exchange to customers

(CBN) refuted declining sale of foreign exchange to customers picture-11805-310x165

Gwadabe, who is also the President, Association of Bureau De Change Operators of Nigeria (ABCON), said recent depreciation of naira could be traced to speculators’ onslaught and resistance by the banking industry. A financial expert, Alhaji Aminu Gwadabe, has blamed the Central Bank’s knack for last minute solution for the …

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inquirer : Forex reserves down to $81.13B

as mentioned in The gross international reserves (GIR) level last month was lower than January’s $81.376 billion, although still higher than end-2016’s $80.692 billion. For 2017, the BSP had projected dollar reserves to rise to $84.7 billion, equivalent to 8.8 months of imports. The country’s dollar reserves declined month-on-month to …

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