The Central Bank of Nigeria (CBN) says it has completed a major forensic audit into the country’s foreign exchange transactions under the Retail Secondary Market Intervention Sales (RSMIS) scheme, ...
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Why did the CBN sell dollars to authorised dealers
The Central Bank of Nigeria has taken a decisive step to stabilise the local currency by injecting $166 million into the FX market The dollar sales came amid a slight appreciation of the naira on ...
MUMBAI, March 3 (Reuters) - The Reserve Bank of India's record short U.S. dollar forward position, built over months to support the rupee amid equity outflows and U.S. trade policy worries, is ...
MUMBAI, July 4 (Reuters) - India's foreign exchange reserves topped $700 billion last week to hit a 9-month high, which, alongside the central bank's shrinking forward book, cements the rupee’s ...
The firm has introduced contracts in the Brazilian real and the Indian rupee against the US dollar on ICE Futures US for the trade date of January 28. The rupee contract is the first US exchange ...
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