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7 indicating that a currency is in an uptrend against all 7 other major currencies with -7 indicating it is in a downtrend against all 7 otherRead more
Latest forex news in nigeria today sunday
like this. Icymi: Man discovers love potion with list of lovers in girlfriends bag. Trending, woman killed as Police mistake her toy gun for real weapon. Trumps policies on Iran and you can see it in the price of crude oil. Furthermore, the amount of dollars traded (turnover) per week in the Investors and Exporters are forex traders self employed (I E) window of the foreign exchange market dropped below 1 billion for the first time in three months. Ayo Akinwunmi, Head of Research, fsdh Merchant Bank, however, projects that the demand pressure will not likely persist. Speaking to Financial Vanguard, he said: The yield on federal government securities seems not to be attractive to some foreign investors, so maybe some people are taking some money out. It is not. CBN raises weekly forex intervention to 503m, in addition to its intervention in the I E window to restore the indicative exchange rate below the N361 per dollar mark, the CBN raised the volume of its weekly intervention in the interbank foreign exchange market.
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Financial Vanguard analysis showed that the weekly turnover dropped by 16 percent to 976 million last week from.17 billion the previous week. According to Daily Post, some Gunmen on Friday, November, 9, 2018, attacked Policemen who were on stop and search duty leading to the death. International investors generally operate with Herd Effect and when things are happening, they just classify everybody has emerging market, and they try to balance or rebalance their portfolio, especially in countries where they see they are making some money. It is not unrelated to the pressure that emerging markets are facing generally, the issues in Argentina, developments in Turkey and Egypt. And the investors recognised that and are not taking decisions based on concerns about. Trump to visit France, Ireland, Argentina, Colombia 9:50 pm, leicester keeper Schmeichel signs new contract 9:35 pm, woman killed as Police mistake her toy gun for real weapon 9:22 pm, smugglers arrested with 12 migrants in channel 9:20. It may likely be a temporary issue, as the economy continues to improve, just in line with what we said in our last outlook. This was followed with additional 293 million on Friday.