"Petrodollar" refers to the dollar's role in crude oil transactions. In the wake of the 1973 oil crisis, Saudi Arabia agreed to conduct all oil transactions in dollars and invest its oil surplus funds ...

The new platform will facilitate all interbank foreign exchange (FX) transactions, offering real-time execution and transparency in the Nigerian Foreign Exchange Market (NFEM), and is expected to curb ...

Historically, a dropping VIX indicates less fear in the market, and rising VIX accompanies stock market downturns. However, ...

Shares have soared in Shanghai but gave up a chunk of their initial gains as officials in Beijing outlined details of the ...

Commemorations and protests unfolded across the world on Monday to mark the anniversary of the Oct. 7 Hamas attack on Israel, ...

Avenix Fzco states that Forexeko has undergone a comprehensive optimisation process. This procedure utilised tick data ...

The naira has depreciated once again in value against the dollar, British pound, and euro in the foreign exchange market ...

The naira is projected to stabilize against the US dollar by the end of the fourth quarter of 2024, finishing the year strongly. This projection comes from a recent macroeconomic report by First ...

A U.S. Treasury license permitting the yuan and other foreign currencies to be traded in limited amounts on Russia's Forex ...

China’s onshore yuan had its worst day in more than a year after a week-long break, fueling a broader weakening among Asian ...