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January 19, 2024- The U.S. Department of the Treasury released Treasury International Capital (TIC) data for November 2023. The next release, which will report on data for...
The yuan accounted for 42% of all foreign currency trades on the Moscow Exchange last year, topping the dollar's share of 39.5%.
Record inflation, a sliding naira currency and weak financial structure are keeping investors wary of Nigeria, Africa's largest economy, with some companies even stepping away despite economic reforms under recently-elected President Bola Ahmed Tinubu.Elected on the promise of a programme called "Renewed Hope", Tinubu has repeatedly called for "patience" from Nigerians as those reforms take root.
Public sector banks, insurance companies, financial institutions and regional rural banks (RRBs) across the country will remain closed for half day on January 22.
Staff Statement on Rule 6c-11(c)(1)(i)(C) Regarding Description of Foreign Currency Holdings