The dollar rose against major currencies on Monday, buoyed by uncertainty about U.S. budget talks, while the yen tumbled to a 20-month low after Japan’s incoming prime minister stepped up pressure on the Bank of Japan to easy monetary policy. Volatility could increase as the year-end deadline on the U.S. […]
Tag: US Dollar
Dollar edges higher as U.S. fiscal talks eyed; yen drops
The dollar rose against major currencies on Monday, buoyed by uncertainty about U.S. budget talks, while the yen tumbled to a 20-month low after Japan’s incoming prime minister stepped up pressure on the Bank of Japan to easy monetary policy. Volatility could increase as the year-end deadline on the U.S. […]
Nigerian naira falls on strong dollar demand
Nigeria’s naira currency eased marginally against the U.S dollar on the interbank market on Monday after a sudden dollar buying pressure from a lender depressed liquidity in the market, traders said. The naira closed at 157.15 to the dollar on the interbank, weaker than the 157.10 to the dollar on […]
