Tag: Nigeria

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The Interbank Markets: From Trump effect to the Trump hedge.

Nigeria, naira, foreign exchange. The Central Bank of Nigeria has issued fresh guidelines for interbank foreign exchange trading via the Electronic Foreign Exchange Matching System, mandating a minimum trade value of $100,000. The directive, dated 25 November 2024 and signed by Dr Omolara Duke, CBN’s Director of the Financial Markets Department, is part of efforts … Continue reading The Interbank Markets: From Trump effect to the Trump hedge.

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Retail foreign exchange trader news scan: Iranian president is missing …

Iran. Ebrahim Raisi. “Rescue teams are trying to locate Iranian President Ebrahim Raisi after his helicopter was forced into an emergency landing on his way back from a visit to the country’s northwest.” — Bloomberg. Nigeria. Central Bank of Nigeria. naira. “Central bank intervention this week failed to stop slide in Nigeria’s naira to a … Continue reading Retail foreign exchange trader news scan: Iranian president is missing …