Nigeria
2024-11-07 23:07
IndustryExchange picks up after rate cut
Interest rate trims typically reduce support for a country's currency. Foreign exchange markets this week have been dominated by the rippling effect of the U.S. election.
Currency markets may also be taking guidance from the BOE's cautious tone on the trajectory of potential future rate cuts:
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Exchange picks up after rate cut
Nigeria | 2024-11-07 23:07
Interest rate trims typically reduce support for a country's currency. Foreign exchange markets this week have been dominated by the rippling effect of the U.S. election.
Currency markets may also be taking guidance from the BOE's cautious tone on the trajectory of potential future rate cuts:
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