The price of oil neared $102 a barrel Wednesday for the first time since May last year as Egypt’s political crisis intensified, raising the risk of fuel supply disruptions. Benchmark crude for August delivery was up $2.07 to $101.65 a barrel at midday Bangkok time in electronic trading on the […]
World News
CBN Reports $3.24 Billion FOREX Inflow in April 2013
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Tuesday said Foreign Exchange (FOREX) Inflow and outflow in the country April 2013 was US$3.24 billion and US$3.32 billion respectively. Latest figures released by the CBN in its 2013 April Economic Report showed that the US$3.24 billion Inflow and […]
FOREX-Dollar near 4-week high, Aussie tumbles on RBA
* Dollar supported by expectations of Fed’s eventual exit from QE * Euro off low after euro zone PMI shows broad improvement * Yen broadly softer after improved global risk sentiment * Aussie falls after RBA says it is still high The dollar held firm near four-week highs against […]
