South Africa’s rand drifted in a narrow range versus the dollar in the absence of significant drivers on Tuesday, with traders and investors looking to mining and factory output data on Thursday for pointers on the state of the local economy. The rand has fallen nearly 8 percent against the dollar this year, because investors […]
Tag: currency
Nigeria: FMDQ Facilitates N33 Trillion Investment in Fixed Income Securities
Efforts by FMDQ OTC Plc to reposition the fixed income securities and currency market continued to yield more results as the platform facilitated trading of securities worth N32.761 trillion in the first quarter (Q1) of 2015. This level of turnover is about 25 per cent higher than the quarterly average recorded in 2014. The platform […]
