Forex use questioned | Local News
The kinds of companies that accessed foreign exchange from the EximBank over the past five years have come as no...
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Gradual Yuan Advance May Offer Boost to Emerging Currencies
“China’s yuan is the key currency cross for most EMs; they trade more with China than they do with the...
Forex traders say IMTOs no longer diverting remittances as oil firms boost dollar supply
Licensed currency traders say International Money Transfer Operators (IMTOs) are no longer diverting forex proceeds, especially diaspora remittances, outside the...
Aldi UK profits tumble 21% despite rising sales
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK...
What to know before traveling around Cuba, from power cuts to currency quirks – a practical guide
This article was produced by National Geographic Traveller (UK).For first-time visitors, Cuba can seem overwhelmingly complex and confusing, particularly when...
Aldi sales rise but profits fall as it plans £1.6bn investment on UK expansion
Aldi has announced plans to invest a further £1.6 billion to accelerate its UK supermarket expansion, after revealing its sales...
Nigeria’s debt profile deteriorating despite subsidy removal, forex reforms – CBN MPC Member
A member of the Central Bank of Nigeria’s Monetary Policy Committee (MPC), Murtala Sabo Sagagi, has raised concerns over the...
RBM Unveils Bold Plan to Safeguard Forex Gains Beyond Tobacco Season – Malawi Nyasa Times
The Reserve Bank of Malawi (RBM) has rolled out a multi-pronged strategy aimed at protecting foreign exchange reserves and stabilising...
REITs get equity status: which mutual fund categories to enter, which to exit positions
At its September 12 board meeting, capital market regulator SEBI reclassified Real Estate Investment Trusts (REITs) as “equity” investments for...
South Korea proposes ‘unlimited’ currency swap with US
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