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As Pre-election Spending Begins, Weak Naira Busy Falling against US Dollar

In the investors’ and exporters’ foreign exchange window, the naira, Nigerian weak local currency, fell 0.02 per cent to N416.33 against the United States dollar  as pre-election activities, spending begins to gather steam. Nigerian news ....

United States , Medium Scale Enterprises , Nigerian Central Bank , Central Bank , Cowry Asset , Foreign Exchange Market , Cordros Capital , Interbank Foreign Exchange Market , Wholesale Secondary Market Intervention Sales , Cowry Asset Management , Naira Falls , Election Uncertainties Begin ,

Rupee Pares Losses To End 9 Paise Higher At 72 65 On Weak Dollar Forex Inflows


BW Businessworld
Rupee Pares Losses To End 9 Paise Higher At 72.65 On Weak Dollar, Forex Inflows
The domestic unit finally ended 9 paise higher at 72.65 against the US dollar. On Wednesday, the rupee had settled at 72.74 against the American currency.
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The rupee pared its initial losses to settle higher by 9 paise at 72.65 against the US dollar on Thursday following consistent forex inflows and losses in the American currency in the global markets.
At the interbank foreign exchange market, the domestic unit opened lower at 72.76 tracking selloff in domestic equities. The rupee touched a low of 72.78 and a high of 72.65 during the day. ....

United States , Rahul Gupta , Sriram Iyer , Senior Research Analyst At Reliance Securities , Energy Currency Research , Emkay Global Financial Services , Head Of Research Currency , Emkay Global Financial , Sugandha Sachdeva , Currency Research , Senior Research Analyst , American Currency , Interbank Foreign Exchange Market , ஒன்றுபட்டது மாநிலங்களில் , ராகுல் குப்தா , ஸ்ரீராம் இயேற் , மூத்தவர் ஆராய்ச்சி ஆய்வாளர் இல் நம்பகத்தன்மை பத்திரங்கள் , ஆற்றல் நாணய ஆராய்ச்சி , எம்காய் உலகளாவிய நிதி சேவைகள் , தலை ஆஃப் ஆராய்ச்சி நாணய , எம்காய் உலகளாவிய நிதி , சுகந்தா சச்ச்தேவா , நாணய ஆராய்ச்சி , மூத்தவர் ஆராய்ச்சி ஆய்வாளர் , அமெரிக்கன் நாணய ,