Forex in a sentence

The increase in the country's forex reserves to a new all-time high of USD 704.88 billion on Friday further pushed the domestic currency, according to forex traders.

Combined with a great strategy, Forex affiliates can easily replace their monthly income with the work they do in the Forex industry.

So profitable is the forex parallel market that the majority of the country’s unemployed are now forex dealers.

There is a mismatch between investment and revenue currency, forex risk and value erosion, and even regulatory inconsistencies relating also to forex.

For him, there is no doubt that the CBN’s forex policies have helped the growth of local industries in Nigeria, especially the restrictions to access official forex placed on 41 imported items.

As reflected during the Gono era, human intervention in the forex markets only worsened the forex shortages over time.

Efficient producers, who are not allocated forex, have only two options, to scale down production or acquire forex illegally from the parallel market.

Mr. Amao noted that excessive outflow of foreign exchange (forex) impedes the ability of banks to stabilize the naira through intervention in the forex market.

Odum, who regretted that some people trained Nigerians on Forex in one week said such could be fraudulent in nature and appealed to Nigerians to key into MBA forex Institute for reliability and confidence.

Street Forex trading will continue to exist as long as there are inconsistencies in our policies which promote this illegal Forex trading.

Wow. Takeaways-limiting borrowing,Unallocated Reserve, GMB restructure, compensation of white farmers, building forex and gold reserves,closing some useless diplomatic missions, “decisive” resuscitation of Zisco and CS, SWF,forex allocation committee.

Apart from the economic harm caused to the nation by the unchecked export of precious forex,” alleged another senior security official in the Ministry of Home Affairs.

Because if you do, you would agree with me, that forex changes every day.

By partnering with Filipinos who wish to delve into online trading, whether it be forex, CFDs, oil, or gold, SmarTrade aims to empower them to make sound financial decisions when handling these various financial instruments.

CBN hopes that with the removal of restrictions, more Nigerians will now use official channels for forex transactions thereby enhancing and transparency in the foreign exchange market.

Even after all these payments, I still have not had access to forex.

For example by putting pressure on the government to revamp the three national refineries (in Kaduna, Warri and Port-Harcourt) which can play a significant role in easing the pressure on our forex reserve thus strengthening our currency.

Forex revaluation gains result from the appreciation in the worth of the banks' assets and liabilities expressed in foreign due to fluctuations in the exchange rate between foreign and local currencies.

Forex traders have reported that the rate hovers between N1,035 and N1,045 to the dollar, indicating an escalation in scarcity.

Forex trading regulations continue to change in the UK.