By midweek, the rupee started to drift lower as importers stepped up dollar purchases amid the spike in Brent crude. Oil’s rally, driven by fears of supply disruption around the
The naira recorded a significant weekly depreciation against the United States dollar across both the official and parallel foreign exchange markets on Friday. At the official market, data from the
THE Reserve Bank of Zimbabwe (RBZ) has abandoned the 2030 mono-currency deadline in a historic climb-down likely to restore sanity across the markets. Previously, the central bank had set 2030
The week that wasThe US Dollar’s (USD) upward momentum from the previous week seems to have encountered a tough nut to crack in the 98.00 region, as measured by the
