Discover how a nation's balance of payments can affect its currency's exchange rate and the dynamics of its relationship in international financial markets.
The value of the U.S. dollar rose significantly from June 2014 to April 2015 compared with other foreign currencies. For U.S. companies with international operations, that could have resulted in ...
The customs duty rate is decreased to N1,421.23 per dollar by the CBN, reducing the cost of imports The adjustment reflects the naira's show of resilience in the official and parallel foreign exchange ...
Unexpected fees for changing currency can dent your foreign-travel budget. Find out the best places to exchange currency and ...
The EastAfrican on MSN
How IMF-backed forex reforms cost Ethiopia $2.6bn
IMF-backed reforms have stabilised the market but left Ethiopia’s central bank grappling ...
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