Rupee internationalisation is set to enable authorised dealer banks -- or commercial banks authorised by the RBI to conduct ...
Opinion
The Business & Financial Times on MSNOpinion

Hands off our Cedi: Currency reset will be written in Accra, not Washington!

By Dr. Bernard TETTEH-DUMANYA The Bank of Ghana’s recent approach to forex sales involves heavy intervention in the foreign exchange market, including the sale of US$1.4 billion during Q1 2025, buoyed ...
The Reserve Bank of India (RBI) announced key measures to internationalise the rupee, including introducing reference rates ...
Hong Kong held steady at 7%, slightly lower than its 7.6% share in 2019. Despite political and economic pressures, it remains a key channel for China-related financing and trade. Japan rounds out the ...
The MPC’s unanimous vote to keep the repo rate unchanged comes after a detailed assessment of India’s growth-inflation ...
RBI is implementing measures to internationalise the rupee, aiming to reduce dollar dependence. New reference rates for major ...
Rupee strengthens against US dollar as RBI announces measures to support exporters, domestic markets, and stabilize currency.
Mumbai, Oct 1 (PTI) The Reserve Bank on Wednesday announced a host of measures to help exporters tide over challenges posed ...
Steps include lending in rupees to neighbours, expanding SRVA investment options, and adding reference rates for partner ...
The Nigerian foreign exchange experienced a massive dollar inflows, which hit almost $1 billion, leading to the naira crossing the N1,500 per dollar barrier.
The short-term Elliott Wave analysis for the Nasdaq (NQ) reveals a bullish cycle initiated from the August 2, 2025, low, progressing as a five-wave impulse structure. Wave ((i)) surged to 24,068.5.
The naira has continued its 2025 gains, appreciating against the US dollar, pound, and euro, supported by CBN interventions, rising reserves, and market liquidity.