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Forex Market Newsletter
  • Banks face special guidelines to raise funds at capital market 24 Apr 2024 19:29 GMT

    … , 2024 Nigeria’s apex capital market regulator, Securities and Exchange Commission … senior staff of SEC, capital market operators (CMOs), representatives of relevant … sector and particularly foreign exchange (forex) dynamics underlined the imperatives for …

  • RBI issues red alert on illegal entities in forex market 24 Apr 2024 13:13 GMT

    Shillong, April 24: The Reserve Bank of India (RBI) on Wednesday issued an alert against unauthorised entities offering foreign exchange (forex) trading facilities to Indian residents with promises of exorbitant returns. The RBI has asked all banks to …

  • EFCC freezes 300 accounts over illicit forex trading, says naira would have crashed in one week 24 Apr 2024 16:08 GMT

    … being linked to illicit forex trading which would have … safety of the foreign exchange market. The scheme popularly called … down the madness in the forex market? ‘’Suddenly, we discovered that … “Over 300 accounts in illicit forex trading that would have led …

  • Nigeria denies freezing over 300 P2P accounts on more crypto exchanges amid forex concerns 24 Apr 2024 16:12 GMT

    … Commission (SEC) in the crypto market could deal with banks. Over … frozen about 300 suspected illegal forex accounts trading on P2P platforms … to stabilize the foreign exchange market. Initially, the authorities attributed the …

  • Stock market flattens after morning gains, midcaps, smallcaps shine 24 Apr 2024 12:39 GMT

    … at close. The broader market outperformed the benchmark indices, … against the US dollar. Forex traders said elevated crude … fund outflows in the international market dented investors’ sentiments. United … prices, with the oil market seemingly unaffected by the …

  • Chakwera hopes mining will end forex woes 24 Apr 2024 12:32 GMT

    … will be transformed because the forex that we are lacking today … expertise, raise resources and find markets for the minerals and the …

  • Corporate Sector Updates Lift Market Sentiment 24 Apr 2024 12:12 GMT

    … from the corporate sector helped markets extend gains. Bank of America … boosted sentiment. In economic data, markets expect the Durable Goods Orders … glance of the major world markets at this hour. Stock … feedback contact: editorial@rttnews.com Forex News

  • Asia And Europe Markets Rise, US Dollar Rebounds - Global Markets Today While US Slept 24 Apr 2024 11:38 GMT

    … 23rd, the U.S. stock markets closed higher, boosted by strong … at 15,696.64. Asian Markets Today On Wednesday, Japan’s … Equipment sectors. The Japanese stock market ended significantly higher on Wednesday … 100 Futures climbed 0.48%. Forex at 06:15 AM ET …

  • EFCC recovers N120bn, freezes 300 forex accounts– Olukoyede 24 Apr 2024 10:59 GMT

    … stability of the foreign exchange market, has uncovered a new fraudulent … us to bring down this market? Suddenly we discovered that … over 300 accounts in illicit forex trading.  In one of these … ” Over 300 accounts in illicit forex trading that would have led …

  • Naira Weakens as Dollar Liquidity Fades in Nigerian Forex Market 23 Apr 2024 18:50 GMT

    (Bloomberg) -- The naira weakened for a third straight day after hitting three-month highs, amid deteriorating domestic dollar liquidity after Nigeria’s foreign exchange reserves declined to a seven-year low. The local unit dropped 5.3% against the dollar …

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