Money Market

COVID-19: Remittance Flows to Shrink 14% by 2021

International migration to fall in 2020 for the first time in recent decades October 29, 2020/World Bank As the COVID-19 pandemic and economic crisis continues to spread, the amount of money migrant workers send home is projected to decline 14 percent by 2021 compared to the pre COVID-19 levels in […]

dLocal Enables Payments from Verve Cards and Tokens for Global Merchants

October 28, 2020/Mediacraft Verve, a leading payments technology company and card scheme in Africa, on Wednesday, October 28, 2020 announced a partnership with dLocal, the leading cross-border payment platform connecting global merchants to emerging markets, enabling the company add Verve’s 47 million cards and tokens on its payment platform. With […]

FX Inflows Mostly Autonomous

Culled—Proshare October 27, 2020 by FBNQuest Research   Our chart captures monthly fx inflows through the economy in the three years to June 2020. It shows movements through the CBN and through other (autonomous) parties, and will be repeated for fx outflows in a future daily note. Drilling down allows […]