(Bloomberg) -- Turkey will take steps to eradicate a dual exchange rate that’s emerged in recent months, the finance minister said, suggesting the central bank’s regulations might have contributed to ...

Charles Robertson, global chief economist at Renaissance Capital in London, believes that Nigeria is preparing to unify its exchange-rate system this year. “The gains of the dual exchange-rate system ...

Despite short-term gains for the government, the long-term outlook for the Venezuelan economy following a currency devaluation last month looks bleak. “The devaluation provides a short-term fiscal ...

The USD/TRY exchange rate surged to 20.47 in the morning, while the disparity between the free market rate and the informal market rate narrowed. The Turkish Lira suffered a significant blow on the ...

The Association of Bureaux De Change Operators of Nigeria (ABCON) on Sunday defended the Central Bank of Nigeria’s (CBN’s) N305 to dollar exchange rate policy. It said the decision has helped in ...

Financial market leaders and real sector operators have called for uniform exchange rate regime in line with the Economic Recovery and Growth Plan (ERGP) demand. They insist that multiple exchange ...