Browsing Tag

Dollar

Chinese Yuan Weakens to 6.1958 Against the Dollar


Deprecated: preg_split(): Passing null to parameter #3 ($limit) of type int is deprecated in /home/vongov/public_html/wp-content/themes/publisher/includes/libs/bs-theme-core/theme-helpers/template-helpers.php on line 767
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 44 pips to 6.9158 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan is…

Egyptian currency drops against dollar


Deprecated: preg_split(): Passing null to parameter #3 ($limit) of type int is deprecated in /home/vongov/public_html/wp-content/themes/publisher/includes/libs/bs-theme-core/theme-helpers/template-helpers.php on line 767
The Egyptian pound drops to 25.90 against dollar on Wednesday, its biggest one-day move since the central bank allowed it to fall by 14.5% on 27th October, according definitive Data. It was about 24.70 to the dollar at the opening of the…

Russian Rouble Slumps Amid Sanctions


Deprecated: preg_split(): Passing null to parameter #3 ($limit) of type int is deprecated in /home/vongov/public_html/wp-content/themes/publisher/includes/libs/bs-theme-core/theme-helpers/template-helpers.php on line 767
Russia's currency, the rouble dived around 3% against the dollar on Tuesday, failing to consolidate a recovery from last week’s slide. This is as the market comes to terms with the prospect of lower export revenue in the wake of…

Naira exchanges for N603 per dollar at parallel market


Deprecated: preg_split(): Passing null to parameter #3 ($limit) of type int is deprecated in /home/vongov/public_html/wp-content/themes/publisher/includes/libs/bs-theme-core/theme-helpers/template-helpers.php on line 767
Dollar exchanged at N603 (average) at Lagos and Abuja parallel markets this week, indicating a worsening liquidity crisis in the foreign exchange market of Africa’s biggest oil producer. Between June 2021, and June 2022, dollar-to-naira…