Foreign exchange

Oil companies weaken Rupee as dollar buys increase, forward premiums rise! 📉🔝

Cindy DuttaMay 6, 20243 min read

Understanding the Impact of Dollar Demand on RupeeHave you ever wondered how dollar demand affects the value of the Indian rupee? Let’s dive into the intricacies…

RBC predicts Yen to weaken to 165 per Dollar! 💸📉

Althea BurnettMay 5, 20242 min read

Yen Forecast Analysis: A Closer Look at the Yen’s Future The yen is projected to weaken to 165 per dollar, according to Alvin Tan, head of…

Discover BofA’s Take on Yen’s Dive to 160! 📉💼

Althea BurnettApr 28, 20243 min read

Understanding the Yen’s Slump to Past 160: Insights from BofA In a recent interview, Claudio Piron, co-head of Asia foreign exchange and rates strategy at BofA…

BOJ Embraces ‘Wait-and-See’ Strategy, Fidelity Reveals 😎

Althea BurnettApr 26, 20242 min read

Making Sense of the BOJ’s Latest Policy Decision As a crypto investor, understanding the Bank of Japan’s (BOJ) recent policy decision is crucial for gauging the…

Nigeria Foreign Exchange Crisis: Central Bank Eliminates Exchange Rate Cap for International Money Transfer Operators

Benito CormiFeb 4, 20242 min read

The Central Bank of Nigeria Removes Caps on Naira Payout Rates The Central Bank of Nigeria (CBN) made an announcement on January 31 that it has…

Nigerian Naira Hits Record Low Against USD, Central Bank Governor Claims Undervaluation

Benito CormiJan 28, 20243 min read

Nigerian Naira Hits Record Low Against USD on Official Market The Nigerian currency has reached a new low against the U.S. dollar on the official market,…

Unauthorized Money Transfer Companies Identified by Ghana’s Central Bank

Benito CormiNov 23, 20232 min read

Eight Money Transfer Organizations Operating Illegally in Ghana The Bank of Ghana has identified eight money transfer organizations (MTOs) operating in Ghana’s remittances and forex markets…

Nigeria’s Central Bank Addresses Rumors of Cash Shortage and Dismisses Old Naira Banknote

Benito CormiNov 10, 20232 min read

Naira Banknotes Remain Legal Tender, Says CBN The Central Bank of Nigeria (CBN) has dismissed rumors claiming that the previously demonetized naira banknotes are no longer…

Inclusion of Fintechs in Nigeria’s Expanded Official Currency Market Strategy

Benito CormiOct 26, 20232 min read

Nigeria Expands Official Currency Market to Include Bureaux de Change and Fintech Companies The Nigerian government is planning to include bureaux de change and financial technology…

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Foreign Exchange Crypto News & Updates | LolaCoin.org Foreign Exchange