It's a tentative start to the day's trading on financial markets with the focus firmly on the United States. Jackson Hole in Wyoming, to be exact. That is where the chair of the US central bank will make an eagerly anticipated speech in which he is widely expected to signal that the first interest rate … Continue reading Pound’s rise against dollar expected to take hit
Nigeria’s currency, the Naira, slumped further against the US Dollar in the foreign exchange markets on Thursday. Data from the official FMDQ market indicated that the Naira closed on Wednesday at 996.75 Naira per US Dollar, reflecting a decrease of 122.01 Naira from the previous day when it traded at 874.71 Naira per US Dollar. … Continue reading Naira slumps further against Dollar
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