Nigeria’s central bank instructed the nation’s lenders to divert windfall currency revaluation gains into buffers against future losses, following the devaluation of the naira earlier this year.

The onset of the 2026 fiscal year in Ghana has been defined by a profound regulatory and macroeconomic contradiction. On ...

DAMASCUS (Reuters) -Syria will issue new banknotes, removing two zeros from its currency in an attempt to restore public confidence in the severely devalued pound, according to seven sources familiar ...

As investors await yearly reports and dividend recommendations of banks, the Central Bank of Nigeria (CBN) has reminded banks on the need to exercise utmost prudence and set their foreign currency ...

Answer: The Chinese allowed their currency, the yuan, to rise in value against the dollar by 2.1 percent, with the possibility of further increases in the future. Since 1994, the yuan's value had been ...

The recent adoption of a market-determined foreign exchange (forex) system and the abolition of multiple forex windows significantly eroded the bottom-line of companies with significant ...

Even though the third U.S. presidential debate will tackle specific foreign policy issues, Mark McDonald of The International Herald Tribune writes that President Barack Obama and Republican ...

But the success of the Snow doctrine will depend largely on whether China agrees to manage its high-flying renminbi. And the assistant governor of the People's Bank of China, Li Ruogu, says Beijing ...

As the currencies of South Korea, Taiwan and Japan rise, so too is chatter that these economies could use exchange rate revaluation as a carrot in trade talks with U.S. President Donald Trump. While a ...