What determines currency exchange rates? While “experts” present a number of theories such as trade balance, the most ...
Tariffs influence exchange rates by altering trade flows and affecting the demand for currencies. Tariffs can favor a stronger domestic currency by reducing imports and improving the trade balance.
That is an artificial demand, or, put differently ... and we expect that the foreign exchange rate will be stable, even appreciate.” On the tax reform bills, Oyedele revealed July 1 as the ...
The world’s demand for gold hit another record high in 2024 amid robust central bank purchases and investment demand growth, ...
By Babajide Komolafe & Elizabeth Adegbesan The Naira yesterday appreciated further in the parallel market to N1,610 per ...