Tag: U.S Dollar
Naira loses against dollar at official market
On Monday the Naira opened the trading week with slight gain trading at 1,534.20 to a dollar.
Chinese Yuan strengthens against U.S Dollar
In China’s spot foreign exchange market, the yuan is allowed to rise or fall by two per cent from the…
Chinese Yuan weakens against U.S Dollar
In China’s spot foreign exchange market, the yuan is allowed to rise or fall by two per cent from the…
U.S. Dollar dominance coming to an end: Russian banker Kostin
Kostin, the CEO of state-controlled VTB, Russia's second largest bank, said the crisis was ushering in sweeping changes to the…
Chinese Yuan strengthens against U.S Dollar
The central parity rate of the yuan against the dollar is based on a weighted average of prices offered by…
Chinese Yuan drops against U.S Dollar
The central parity rate of the yuan against the dollar is based on a weighted average of prices offered by…
Naira floors Dollar at Exporters’ window
An exchange rate of N462.13 to the dollar was the highest rate recorded within the day’s trading before it settled…
Again, Chinese Yuan weakens against Dollar
In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the…
Chinese Yuan strengths against Dollar
In China’s spot foreign exchange market, the yuan was allowed to rise or fall by two percent from the central…
Naira gains marginally against dollar at investors window
An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled…
Naira battered further by U.S. dollar
An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled…
New global currency to replace U.S. dollar. It is not cryptocurrency
The replacement global currency is not a cryptocurrency, but an old favourite of the IMF. It’s called SDR (Special Drawing…
Dollar slips to lowest in 9 months
The dollar hit a multi-month low against the euro and the yen on Tuesday on the prospects of monetary easing…