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Given the recent surge in inflation and the resulting sharp monetary tightening, this note asks whether bank profits are exposed to inflation. While most banks tend to match income and expense ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The Central Bank of Nigeria has approved the Nigeria Foreign Exchange (FX) Code, which is designed to promote ethical conduct in the foreign exchange market. The launch of the code is part of a series ...

The currency rose to a two-week high of 86.47 in early hours of trading. The Reserve Bank of India likely intervened in the NDF segment, before the spot market opened, driving the rupee to open ...