Tag Archives: exchange

They said they dodged bullet, they ended up in a nuclear blast – Activist, Aisha Yesufu, says as she decries the alarming exchange rate

Activist Aisha Yesufu has decried the alarming spike in the dollar to Naira exchange rate.   A dollar is currently being exchanged for N920 at the parallel market.      In a video she posted, Aisha said that some persons claimed that they ‘’dodged a bullet” but instead ended up …

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Exchange Rate Movements Due to Interest Rates, Speculation, Not Fundamentals

Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, July 26, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Jul 26 (IPS) – Currency values and foreign exchange rates change for many reasons, largely following market perceptions, regardless of fundamentals. Market speculation has worsened volatility, instability and fragility in most economies, especially …

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