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Nigeria central bank injects $210 mln into currency market ABUJA, March 6 (Reuters) - Nigeria's central bank said on Tuesday it had injected $210 million into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages. The bank said in a statement it had released $100 million earmarked for the wholesale market, ...
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How Investors Are Wrestling With the Greenback To hedge or not to hedge. Investors are weighing ways to adjust to the three-year lows hit by major dollar indexes amid a revival of economic growth overseas. Currency swings can have a major impact on the value of institutional investors' overseas holdings, but their responses to the dollar's drop vary ...
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FIMSA talks opening of currency exchange offices outside banks in Azerbaijan The process of opening private currency exchange offices in Azerbaijan will begin after the necessary regulatory and legal acts enter into force, Azerbaijan's Financial Market Supervisory Authority (FIMSA) told Trend March 6. Under the new order on holding currency exchange transactions, which was ...
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For cryptocurrency, online criminals prefer availability to anonymity New research from Recorded Future finds that online criminals who offer an alternative payment method to bitcoin prefer the more available cryptocurrency Litecoin to the harder-to-trace currency Monero. Why it matters: Bitcoin won't be around forever, at least for use as a method of criminal payment.
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