Global Forex

Naira Closes Week with Fresh Decline at Official Forex Market

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The Nigerian Naira recorded a marginal depreciation against the United States Dollar at the official foreign exchange market on Friday, concluding the weekly trading cycle on a negative note. According to official compliance data monitored closely by treasury participants, the local currency experienced downward adjustments to settle around the N1,362 threshold. Parallel Market Remains Unchanged … Read more

Japanese Yen Slips to 160 Level as Global Safe-Haven Dollar Demand Rises

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The Japanese Yen experienced fresh downward pressure in the global currency markets, sliding back to the critical psychological threshold of 160 per U.S. Dollar. This recent dip is primarily triggered by renewed international trade tensions and macro-economic factors that have significantly driven up the market demand for safe-haven financial assets, positioning the greenback at a … Read more