A currency's appreciation or depreciation can be influenced by a number of factors, including interest rates, trade, and politics. In the foreign exchange market, currency depreciation occurs when ...

Forbes contributors publish independent expert analyses and insights. Catherine Brock covers personal finance and investing. Individual investors are increasingly trying their hand at foreign ...

Nigeria's foreign exchange market has faced numerous challenges in the past, including multiple exchange rates, unethical practices, and a lack of transparency.

The country's foreign exchange market is stabilising thanks to a surge in US dollar (USD) inflows, driven by higher remittances, stronger export earnings and tighter oversight by the central bank.