China leads in race for digital currency
China's central bank has made steady advances in its goal of launching the world's first major sovereign digital currency. As the EU begins prepping a digital euro, DW considers the impact of…
Saudi banks face liquidity crunch
Monica Malik, chief economist at Abu Dhabi Commercial Bank, discusses the influx of $4B in short-term loans to banks by the central bank, the stresses in the Saudi banking system and the…
Profit taking pushes Nigeria’s equities to marginal decline
The Nigerian All Share Index closed down in yesterday's session. The negative performance was broadly driven by profit taking as expectations of the Central Bank's announcement on a flexible exchange rate policy…
Profit taking pushes Nigeria’s equities to marginal decline
The Nigerian All Share Index closed down in yesterday's session. The negative performance was broadly driven by profit taking as expectations of the Central Bank's announcement on a flexible exchange rate policy…
Naira remains under pressure
While the naira/dollar rate remains pegged in the official market, the exchange rate has been volatile in the parallel market. Dollar supply remains weak amid speculation that the central bank is considering…
Naira remains under pressure
While the naira/dollar rate remains pegged in the official market, the exchange rate has been volatile in the parallel market. Dollar supply remains weak amid speculation that the central bank is considering…