June 25, 2024/United Capital Research The Central Bank of Nigeria (CBN) has authorized eligible International Money Transfer Operators (IMTOs) to sell foreign exchange (FX) on the official market to enhance remittance flows and foreign exchange market efficiency. This decision aims to address the FX liquidity issues in the official market, […]
OPINION/EDITORIAL
Bullish Sentiment Is Building in Oil Markets as Demand Concerns Fade
June 25, 2024/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices are set to post an impressive gain this month as bullish sentiment has been building and demand concerns fading. – As Brent futures have moved above $85 per barrel again, geopolitics have started to come to the forefront of market concerns […]
Fiscal Reform Can Help Dominican Republic Attract Greater Investment
(Credit: Christopher V Photography/iStock via Getty Images) June 24, 2024/IMFBlog The Dominican Republic leads Latin America in GDP growth, with an average annual rate of around 5 percent per year since the 1970s. The Caribbean nation has made great strides in reducing poverty and improving living standards. Reaching investment grade […]
