Here’s your Forex & Global Economics daily digest 📊. Stay ahead of FX markets, macro trends, and African economic news.
- 🇳🇬 Naira records weekly decline to N1,374/$ as FX volatility persists
- 🇳🇬 Naira hits fresh low of N1,896/£1 despite british pound meltdown
- 🇳🇬 FX reserves seen reaching $51.04bn target despite Middle East turmoil
- 🇳🇬 Services sector drives lending as industry credit contracts in one month
- 🇳🇬 Concerns mount over banking stability as Nestoil’s bad debts implicated in three banks’ failure to pay dividends – TheCable
- 🇳🇬 IT’S OFFICIAL: Peter Obi leaves ADC, blames internal battles, division – TheCable
- Indian rupee, bonds set to sway to oil prices as US-Iran stalemate drags – Reuters
- Yen spikes higher as intervention on the radar of markets – Reuters
- Farage accused of ‘conflict of interest’ over £5mn gift from crypto investor
- ‘Keep your smartphone close’: Japan puts yen market on alert for golden week action
- AUD/USD: Aussie Rally May Fade as RBA Set to Temper Hikes, Analysts Say – Bloomberg.com
- Bessent Says US Is ‘Suffocating’ Iran With Oil Industry Creaking – Bloomberg.com
- Can countries grow richer by exporting people, not goods?
- India’s weak currency reflects deeper problems than the Iran war
- Appraisal Environmental and Social Review Summary (ESRS) – Central Asia Water Efficiency Cooperation Project – P515897 – World Bank Group
- Bangladesh – SOUTH ASIA- P173312- Resilient Infrastructure for Adaptation and Vulnerability Reduction – Procurement Plan (English) – World Bank Group
- Inclusive Growth (IGx) – International Monetary Fund | IMF
- Resident Representative Office in Sierra Leone – International Monetary Fund | IMF
- Abidjan: African Development Bank, Green Climate Fund Deepen Climate Finance Partnership
- No Results, No Disbursement: African Development Bank Scales Up Performance-Based Financing Across Southern Africa
That’s a wrap on forex and economics today 🌍. Which currency pair or macro trend are you watching?
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