As Iran’s economy grapples with sanctions, chronic inflation and persistent exchange-rate volatility, some policymakers ...

Discover how exchange rates influence the economy, affecting job markets, inflation, and costs of goods. Learn about their ...

By bnm Tehran bureau Iranian President Masoud Pezeshkian announced his government will end preferential foreign currency allocations, arguing that multiple exchange rate mechanisms have fuelled ...

ABUJA, Nigeria — Nigeria’s central bank has ended its distorted foreign exchange rate, a move the new government in Africa’s biggest economy hopes will help woo investors and stabilize the local ...

The Central Bank of Nigeria (CBN) yesterday unified all exchange rates within the economy into the Investors and Exporters (I&E) window. In a circular to authorised dealers signed by CBN Director, ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. ABUJA, Nigeria (AP) — Nigeria’s central bank ...