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- US markets seeing one of the strongest rallies. Is this momentum here to stay? December 9, 2024 10:19 am The Economic Times ,000 level. The Nasdaq surged around 8.00% last week, while the Russell 2000 skyrocketed 12.5%. However, beneath the celebratory headlines lies a critical question: Are these markets dangerously overvalued? Let’s analyse through some of the commonly used …
- Forex Trading Account Types: Choosing the Best Fit for Your Trading Style December 9, 2024 10:15 am The European Financial Review According to the Blog of OpoFinanceForex trading revolves around buying and selling currencies in the global market to profit from exchange rate fluctuations. A key element of success in this domain is selecting the right forex trading account types, which …
- Forex Speculators Struggle As Naira Gains Strength Amid Market Reforms December 9, 2024 9:12 am Biz Watch Nigeria Currency traders, under the Association of Bureau de Change Operators of Nigeria (ABCON), warn that speculators are resisting the sharp appreciation of the naira to offset their mounting losses. They call on the Central Bank of Nigeria (CBN) to sustain its …
- Forex market: BDC operators warn that speculators will resist naira appreciation December 9, 2024 8:50 am Nairametrics Currency traders under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) have warned that forex speculators will resist the rapid appreciation of the naira to cover their losses. They, however, urged the Central Bank of Nigeria …
- Currency exchange rates in Pakistan today – 9 December, 2024 December 9, 2024 7:24 am Pakistan Observer KARACHI—On Monday, the exchange rate for one US Dollar against Pakistani rupees was Rs 277.6 in the local and open market, with a selling rate of Rs 279.1. Note: Exchange rates can vary based on the location and the Exchange Company or bank involved in the …
- Rupee falls 7 paise to 84.73 against US dollar in early trade December 9, 2024 5:37 am The Indian Express The rupee fell 7 paise to trade at 84.73 against the US dollar in early trade on Monday dragged down by foreign fund outflows and a muted trend in domestic equities.At the interbank foreign exchange, the rupee opened at 84.70 against the greenback, then …
- Why Naira Is Bouncing Back Massively Against Dollars – Bankers December 9, 2024 5:34 am Naija News The newly implemented foreign exchange market system by the Central Bank of Nigeria (CBN) has been credited for the recent surge in the value of Nigeria’s currency, the Naira, against major global currencies. Bankers speaking to Vanguard attributed the …
- India News | Rupee Falls 7 Paise to 84.73 Against US Dollar in Early Trade December 9, 2024 5:12 am Latestly Mumbai, Dec 9 (PTI) The rupee fell 7 paise to trade at 84.73 against the US dollar in early trade on Monday dragged down by foreign fund outflows and a muted trend in domestic equities. Forex traders said the rupee remains in a weakening mode due to dollar …
- Dollar ATM to be installed in Thoddoo December 9, 2024 5:01 am The Edition President Dr Mohamed Muizzu has said that a dollar ATM will be installed in Alifu Alifu atoll Thoddoo next year. Speaking during his visit to Thoddoo as part of his tour of Alifu Alifu and Kaafu atolls, President Muizzu emphasized the growing importance of …
- Seoul Stocks Drop On S.Korea Woes; Most Asian Markets Rise December 9, 2024 3:31 am International Business Times South Korean stocks fell more than one percent Monday as the country was racked with political uncertainty after President Yoon Suk Yeol averted impeachment following his brief imposition of martial law last week. The retreat came on a broadly upbeat day …