Explainer: What is pushing the Nigerian naira to record lows?

Explainer: What is pushing the Nigerian naira to record lows?

A man counts Nigerian naira banknotes at a market in Yola, Nigeria, February 22, 2023. REUTERS/Esa Alexander/File Photo Acquire Licensing Rights ABUJA, Oct 27 (Reuters) – The Nigerian naira is on the brink of breaching the 1,000-per-dollar level after falling to an official record low of 999 last week, according to Refinitiv data tracking its …

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Most Gulf markets gain ahead of US economic data

Most Gulf markets gain ahead of US economic data

Electronic boards showing stock market information at the Dubai Stock Exchange, United Arab Emirates, November 5, 2020. REUTERS/Abdel Hadi Ramahi/File photo Acquisition of licensing rights Oct 24 (Reuters) – Most major Gulf exchanges traded higher on Tuesday as economic data is expected to provide guidance to the U.S. Federal Reserve on its next steps, although …

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