February 15, 2024/FBNQuest Research Significant volatility has trailed FX trades following the recent measures by the Central Bank of Nigeria (CBN) to promote forex supply. For instance, FX turnover reported by FMDQ has risen by +666.3% ytd. However, compared to the previous trading day, turnover declined by about -6910bps to […]
OPINION/EDITORIAL
The Intersection of Monetary Policy, Market Functioning, and Liquidity Risk Management
February 14, 2024/US Federal Reserve By Vice Chair for Supervision Michael S. Barr Thank you for having me here today. After having had to miss this conference last year, I greatly appreciate the opportunity to join you. As you might expect, I was a little busy in March 2023, and […]
The Rising Price of Cocoa
February 15, 2024/CSL Research The price of cocoa, a major ingredient in chocolates, beverages, and cosmetics, has been on the rise in the last two years. According to the International Cocoa Organization (ICCO), as of February 13, 2024, the price of cocoa reached US$5,794.18 per tonne, a substantial year-to-date increase […]
