Interbank

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2h
AllAfrica.com
CBN Orders Banks to Publish All Forex Transactions On FMDQon the Financial Market Dealers Quote (FMDQ) platform. Meanwhile the naira dep
CBN Orders Banks to Publish All Forex Transactions On FMDQ
AllAfrica.com / Posted 2 hours ago
on the Financial Market Dealers Quote (FMDQ) platform. Meanwhile the naira depreciated by 1.5 percent (N4.5) at the interbank foreign exchange market for spot transactions. From N305.25 per dollar at the end of transactions on Friday, the... Read more
3 related stories
5h
AllAfrica.com
CBN Targets Rate Convergence With Directive to Sell Remittances to BDCSsure of more sources of forex, people would be calm. Now, if this other source
CBN Targets Rate Convergence With Directive to Sell Remittances to BDCS
AllAfrica.com / Posted 5 hours ago
sure of more sources of forex, people would be calm. Now, if this other source which is supposed to be supplementing the interbank market gets supply, no matter how small it is, we think it would reduce the panic in the system," he added. Ukeje... Read more
6h
AllAfrica.com
Presidency Proposes U.S.$42.5 Oil Price Benchmark for 2017billion out of the approved N1.818 trillion plan. Meanwhile, the naira has los
Presidency Proposes U.S.$42.5 Oil Price Benchmark for 2017
AllAfrica.com / Posted 6 hours ago
billion out of the approved N1.818 trillion plan. Meanwhile, the naira has lost more than 2.5 per cent in value at the interbank market, closing at N313 per dollar yesterday from N302.10 it started. Already, blame has been put on the market's... Read more
3 related stories
9h
AllAfrica.com
Tanzania's Monetary Policy Effective in Managing Liquidityrecurrent and development. According to CRDB's Financial Market Highlights liq
Tanzania's Monetary Policy Effective in Managing Liquidity
AllAfrica.com / Posted 9 hours ago
recurrent and development. According to CRDB's Financial Market Highlights liquidity was tight in the market on Monday as interbank volume fell by 67 per cent to 18bn/- while borrowing rates were up by 50 basis points to a weighted average of... Read more
9h
AllAfrica.com
Govt Records 55% Half-Year Revenue Shortfallof such transactions," FMDQ said in a separate e-mail to dealers. During tradi
Govt Records 55% Half-Year Revenue Shortfall
AllAfrica.com / Posted 9 hours ago
of such transactions," FMDQ said in a separate e-mail to dealers. During trading yesterday, the naira shed N2.41 on the interbank market, closing at N309.84 to a dollar, compared with the N307.43 to a dollar last Friday. But the naira remained... Read more
3 related stories
14h
Market Watch
Yen surges against dollar, other rivals as Japan stimulus plan falls shortthe Bank of Japan policy meetings later this week, the dollar will likely move
Yen surges against dollar, other rivals as Japan stimulus plan falls short
Market Watch / Posted 14 hours ago
the Bank of Japan policy meetings later this week, the dollar will likely move in a range centered around ¥105, Ueno said. Interbank Foreign Exchange Rates At 22:50 EST / 0250 GMT Latest Previous %Chg Daily Daily %Chg Dollar Rates Close High Low... Read more
15h
The Hindu
Rupee Values-July 26, 2016on the domestic unit. The rupee had ended lower by 27 paise to more than two-w
Rupee Values-July 26, 2016
The Hindu / Posted 15 hours ago
on the domestic unit. The rupee had ended lower by 27 paise to more than two-week low of 67.35 per dollar on Monday at the Interbank Foreign Exchange market despite a sharp rise in the domestic equity market. Meanwhile, the benchmark Sensex fell... Read more
3 related stories
16h
New Kerala
Chinese yuan strengthens - newkerala.com #95644central parity rate of the yuan against the US dollar is based on a weighted av
Chinese yuan strengthens - newkerala.com #95644
New Kerala / Posted 16 hours ago
central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. Playing action video games may boost driving ski... Read more
1d
AllAfrica.com
CBN's U.S.$697 Million Settlement Eases Interbank FX MarketLagos — The performance of the naira appreciated at the interbank Forex market
CBN's U.S.$697 Million Settlement Eases Interbank FX Market
AllAfrica.com / Posted yesterday
Lagos — The performance of the naira appreciated at the interbank Forex market following the settlement of the one-month forward contracts of $697 million by the Central Bank of Nigeria (CBN). A serious cash crunch had forced the overnight lending... Read more
1d
The Hindu
Rupee hits over 2-week low of 67.35, drops 27 paiseThe rupee opened lower at 67.19 as against the last Friday’s closing level of 6
Rupee hits over 2-week low of 67.35, drops 27 paise
The Hindu / Posted yesterday
The rupee opened lower at 67.19 as against the last Friday’s closing level of 67.08 at the Interbank Foreign Exchange market and dropped further to 67.36 before ending at more than 2—week low at 67.35 per dollar. The rupee on Monday ended lower by... Read more
3 related stories
1d
PaperAge.com
Fibria Reports Second Quarter 2016 Resultsmillion, maturing in 4 years, with six-monthly interest payments equivalent to
Fibria Reports Second Quarter 2016 Results
PaperAge.com / Posted yesterday
million, maturing in 4 years, with six-monthly interest payments equivalent to 97% of the accumulated variation in the CDI interbank rate and amortization in a single installment in June 2020. The 81st series totaled R$470 million, maturing in 7... Read more
1d
AllAfrica.com
As MPC Meets Tomorrow, Recession, Rising Inflation to Top Agendathe view that a further hike in MPR will be insufficient in itself to spur fore
As MPC Meets Tomorrow, Recession, Rising Inflation to Top Agenda
AllAfrica.com / Posted yesterday
the view that a further hike in MPR will be insufficient in itself to spur foreign inflows given liquidity concerns of the interbank foreign exchange market. This is in addition to the 'neutral' mode adopted by most foreign investors as the naira... Read more
1d
AllAfrica.com
On the Travails of the NairaForex liquidity constraints persist because foreign investors remain on the sid
On the Travails of the Naira
AllAfrica.com / Posted yesterday
Forex liquidity constraints persist because foreign investors remain on the sidelines, and the gap between the parallel and interbank markets remains wide. Typical of our national patterns, we are seeking "quick fixes" to the currency's malaise... Read more
1d
AllAfrica.com
'CBN Intervention in Forex Market'll Protect Naira'A financial expert, Mr. Victor Owonifari, has described the intervention of the
'CBN Intervention in Forex Market'll Protect Naira'
AllAfrica.com / Posted yesterday
A financial expert, Mr. Victor Owonifari, has described the intervention of the Central Bank of Nigeria (CBN) in the interbank forex as a step in the right direction for the nation's financial system. He said the move would go a long way in putting... Read more
1d
PhysOrg
Bank hacks raise fears for financial sectorin Bangladesh, the Philippines, Vietnam and Ecuador have been victimized over t
Bank hacks raise fears for financial sector
PhysOrg / Posted yesterday
in Bangladesh, the Philippines, Vietnam and Ecuador have been victimized over the past year in the attacks on the global interbank service known as SWIFT A series of spectacular cyber attacks against banks, resulting in the theft of tens of... Read more
3 related stories
1d
AllAfrica.com
Analysts Predict Worsening Consumer Confidence in Nigeriaby the fact that most imports are being transacted at the parallel FX rate," sh
Analysts Predict Worsening Consumer Confidence in Nigeria
AllAfrica.com / Posted yesterday
by the fact that most imports are being transacted at the parallel FX rate," she added. Mhango predicted that the interbank FX rate would peak at N390/$1, "albeit temporarily, if genuine price discovery were permitted, before retracing to... Read more
1d
TheBull
Bank hacks raise fears for financial sectorin Bangladesh, the Philippines, Vietnam and Ecuador have been victimized over t
Bank hacks raise fears for financial sector
TheBull / Posted yesterday
in Bangladesh, the Philippines, Vietnam and Ecuador have been victimized over the past year in the attacks on the global interbank service known as SWIFT, and some analysts expect more attacks to become public. After news of the $81 million... Read more
3 related stories
1d
dna
Rupee down 13 paise on strong dollarRupee was trading lower by 13 paise at 67.21 against the dollar in early trade
Rupee down 13 paise on strong dollar
dna / Posted yesterday
Rupee was trading lower by 13 paise at 67.21 against the dollar in early trade at the Interbank Foreign Exchange market as the American currency strengthened overseas. Forex dealers said fresh demand for the US currency from importers and a lower... Read more
3 related stories
1d
The Hindu
Rupee value- July 25, 2016Rupee was trading lower by 13 paise at 67.21 against the dollar in early trade
Rupee value- July 25, 2016
The Hindu / Posted yesterday
Rupee was trading lower by 13 paise at 67.21 against the dollar in early trade at the Interbank Foreign Exchange market as the American currency strengthened overseas. Forex dealers said fresh demand for the US currency from importers and a lower... Read more
3 related stories
1d
New Kerala
Chinese yuan weakens - newkerala.com #95138central parity rate of the yuan against the US dollar is based on a weighted av
Chinese yuan weakens - newkerala.com #95138
New Kerala / Posted yesterday
central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. Playing action video games may boost driving ski... Read more
1d
asianage
Bank hackers spread fear in financial marketsin Bangladesh, the Philippines, Vietnam and Ecuador have been victimised over t
Bank hackers spread fear in financial markets
asianage / Posted yesterday
in Bangladesh, the Philippines, Vietnam and Ecuador have been victimised over the past year in the attacks on the global interbank service known as SWIFT, and some analysts expect more attacks to become public. After news of the $81 million... Read more
3 related stories
2d
Bangkok Post - Thailand's English news
Bank hacks raise fears for financial sectorin Bangladesh, the Philippines, Vietnam and Ecuador have been victimized over t
Bank hacks raise fears for financial sector
Bangkok Post - Thailand's English news / Posted 2 days ago
in Bangladesh, the Philippines, Vietnam and Ecuador have been victimized over the past year in the attacks on the global interbank service known as SWIFT Banks in Bangladesh, the Philippines, Vietnam and Ecuador have been victimized over the... Read more
3 related stories
3d
asianage
Forex: The rupee ended almost flat with negative bias(Representational Image) Rupee opened at 67.15 against the last weekend's leve
Forex: The rupee ended almost flat with negative bias
asianage / Posted 3 days ago
(Representational Image) Rupee opened at 67.15 against the last weekend's level of 67.07 at the Interbank Foreign Exchange against the American currency on mild dollar demand from importers in... Read more
3d
asianage
Forex The rupee ended almost flat with negative bias(Representational Image) Rupee opened at 67.15 against the last weekend's leve
Forex The rupee ended almost flat with negative bias
asianage / Posted 3 days ago
(Representational Image) Rupee opened at 67.15 against the last weekend's level of 67.07 at the Interbank Foreign Exchange Forex: The rupee ended almost flat with negative bias against the American currency on mild dollar demand from importers in... Read more
4d
The Hindu
Rupee hits one week high, gains 9 paiseat the close. The rupee resumed almost flat with a negative bias at 67.18 from
Rupee hits one week high, gains 9 paise
The Hindu / Posted 4 days ago
at the close. The rupee resumed almost flat with a negative bias at 67.18 from Thursday’s closing level of 67.17 at the Interbank Foreign Exchange (Forex) market and weakened further to hit an intra-day low of 67.21 on initial dollar demand from... Read more
4d
AllAfrica.com
CBN Affirms Confidence in Skye Bank, Institutes Guarantee Linewho emerged as Chairman and Group Managing Director respectively. The CBN guar
CBN Affirms Confidence in Skye Bank, Institutes Guarantee Line
AllAfrica.com / Posted 4 days ago
who emerged as Chairman and Group Managing Director respectively. The CBN guarantee will not only enhance Skye Bank's interbank trading and activities; but will also provide assurance to the other banks to continue to deal with and trade with... Read more
4d
International Business Times
MasterCard to acquire 92.4% stake in VocaLink Holdings for £700m of salaries, 70% of household bills and almost all state benefits in the countr
MasterCard to acquire 92.4% stake in VocaLink Holdings for £700m
International Business Times / Posted 4 days ago
of salaries, 70% of household bills and almost all state benefits in the country. These platforms include, LINK — a shared interbank network of automated teller machines operating in the UK, BACS — the Automated Clearing House (ACH) responsible for... Read more
2 related stories
4d
AllAfrica.com
CBN to Fund U.S$697 Million Forward ContractsThe Central Bank of Nigeria (CBN) will today fund the one-month forward contrac
CBN to Fund U.S$697 Million Forward Contracts
AllAfrica.com / Posted 4 days ago
The Central Bank of Nigeria (CBN) will today fund the one-month forward contracts of $697 million on the interbank FX market, effectively improving dollar liquidity in the market, as the accounts of customers that hedged against the dollar through... Read more
4d
Investors Chronicle
Some other risksproperty funds. But there are signs that global investors are also worried abou
Some other risks
Investors Chronicle / Posted 4 days ago
property funds. But there are signs that global investors are also worried about it. The US TED spread - the gap between interbank rates and Treasury bill yields, which is considered one measure of liquidity - has been trending upwards for most... Read more
4d
The Hindu
Rupee weakens 3 paise against dollar in early trade3 paise at 67.17 in Thursday’s trade Rupee was trading lower by 3 paise at 67.
Rupee weakens 3 paise against dollar in early trade
The Hindu / Posted 4 days ago
3 paise at 67.17 in Thursday’s trade Rupee was trading lower by 3 paise at 67.20 against the dollar in early trade at the Interbank Foreign Exchange market on Friday on increased demand for the U.S. currency from importers. Besides, strength in... Read more
9 related stories
4d
Bdnews24.com
How the New York Fed fumbled over the Bangladesh Bank cyber-heistinvestigation by the US Department of Justice and the Federal Bureau of Investi
How the New York Fed fumbled over the Bangladesh Bank cyber-heist
Bdnews24.com / Posted 4 days ago
investigation by the US Department of Justice and the Federal Bureau of Investigation. SWIFT - the Society for Worldwide Interbank Financial Telecommunication, a cooperative used by over 11,000 financial institutions around the world - has denied... Read more
2 related stories
5d
Business Insurance
How the New York Fed fumbled over the Bangladesh Bank heistinvestigation by the U.S. Department of Justice and the Federal Bureau of Inves
How the New York Fed fumbled over the Bangladesh Bank heist
Business Insurance / Posted 5 days ago
investigation by the U.S. Department of Justice and the Federal Bureau of Investigation. SWIFT — the Society for Worldwide Interbank Financial Telecommunication, a cooperative used by over 11,000 financial institutions around the world — has denied... Read more
2 related stories
5d
The Hindu
Rupee ends 3 paise higher at 67.17 vs US dollarlargely focused on trade. The rupee resumed a tad lower at 67.22 as compared t
Rupee ends 3 paise higher at 67.17 vs US dollar
The Hindu / Posted 5 days ago
largely focused on trade. The rupee resumed a tad lower at 67.22 as compared to Wednesday’s closing value of 67.20 at the Interbank Foreign Exchange (Forex) market and dropped further to hit an intra-day low of 67.27 on sustained dollar... Read more
5d
AllAfrica.com
BoT Official Allays Fears About Liquidity Squeezerecurrent and development. According to CRDB's Financial Market Highlights liq
BoT Official Allays Fears About Liquidity Squeeze
AllAfrica.com / Posted 5 days ago
recurrent and development. According to CRDB's Financial Market Highlights liquidity was tight in the market on Monday as interbank volume fell by 67 per cent to 18bn/-, while borrowing rates were up by 50 basis points to a weighted average of... Read more
5d
AllAfrica.com
Cash Crunch Hits Ministries, Agencies As Revenue Nosedivesthe nation's currency has lost N10 on the parallel market since Monday. Howeve
Cash Crunch Hits Ministries, Agencies As Revenue Nosedives
AllAfrica.com / Posted 5 days ago
the nation's currency has lost N10 on the parallel market since Monday. However, the naira appreciated slightly on the interbank FX market, where it closed at N294.24 to a dollar yesterday, up from the N294.57 on Tuesday. Dealers attributed... Read more
2 related stories
5d
AllAfrica.com
Firms Cut Administrative Expenses to Survive Tough Operating Environmentby 110 bps, an indicator of the fact that the recent forex liberalisation and e
Firms Cut Administrative Expenses to Survive Tough Operating Environment
AllAfrica.com / Posted 5 days ago
by 110 bps, an indicator of the fact that the recent forex liberalisation and ensuing 45 per cent Naira depreciation at the interbank market had little impact on prices as many product prices already reflect higher parallel market exchange rate,"... Read more
5d
asianage
Rupee weakens 5 paise against dollar in early tradethe US dollar in early trade. Mumbai: Rupee depreciated by 5 paise to 67.25 ag
Rupee weakens 5 paise against dollar in early trade
asianage / Posted 5 days ago
the US dollar in early trade. Mumbai: Rupee depreciated by 5 paise to 67.25 against the US dollar in early trade at the Interbank Foreign Exchange market due to sustained demand for the American currency from importers and banks. Dealers... Read more
9 related stories
5d
Reuters
High noon for regulators in China's Wild West bond marketall with different rules, many of which have yet to be tested in court. And pen
High noon for regulators in China's Wild West bond market
Reuters / Posted 5 days ago
all with different rules, many of which have yet to be tested in court. And penalties for malfeasance are low in the interbank markets, where most bonds trade. "In the interbank market, the penalty is often just several hundred thousand yuan... Read more
5d
The Hindu
New Development Bank defines its brand identity as an eco-friendly lenderNDB reinforced its eco-centric credentials by issuing its first Green Financial
New Development Bank defines its brand identity as an eco-friendly lender
The Hindu / Posted 5 days ago
NDB reinforced its eco-centric credentials by issuing its first Green Financial Bond worth 3 billion Yuan, in the Chinese Interbank Bond Market. K.V. Kamath, the president of NDB pointed out that the response to the bond issue shows that that “in... Read more
5d
The Hindu
Rupee value-July 21, 2016Rupee depreciated by 5 paise to 67.25 against the US dollar in early trade at t
Rupee value-July 21, 2016
The Hindu / Posted 5 days ago
Rupee depreciated by 5 paise to 67.25 against the US dollar in early trade at the Interbank Foreign Exchange market due to sustained demand for the American currency from importers and banks. Dealers attributed the rupee’s fall to increased demand... Read more
9 related stories
5d
The Economic Times
Five macro triggers that market would watch todaymarkets yesterdayRupee down: Indian Rupee erased Tuesday's gain and closed 10 p
Five macro triggers that market would watch today
The Economic Times / Posted 5 days ago
markets yesterdayRupee down: Indian Rupee erased Tuesday's gain and closed 10 paise down at 67.20 against the US dollar at Interbank Foreign Exchange (Forex) market on Wednesday as demand for the American currency rose from bankers.After Tuesday's... Read more
2 related stories
5d
New Kerala
Chinese yuan strengthens - newkerala.com #93337central parity rate of the yuan against the US dollar is based on a weighted av
Chinese yuan strengthens - newkerala.com #93337
New Kerala / Posted 5 days ago
central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. Playing action video games may boost driving ski... Read more
6d
AllAfrica.com
Debt Servicing Gulped N1.02 Trillion in 2015 - DMOtrillion for the domestic component and $10.718 billion for the foreign stock.
Debt Servicing Gulped N1.02 Trillion in 2015 - DMO
AllAfrica.com / Posted 6 days ago
trillion for the domestic component and $10.718 billion for the foreign stock. Meanwhile, dealers expect the Nigeria Interbank Offered Rate (NIBOR) to be moderate as inflows - via maturing treasury bills - and expected FAAC disbursements... Read more
6d
AllAfrica.com
IMF Warns Nigeria Heading Towards Recessionweaken the global outlook," it added. In the foreign exchange market, however,
IMF Warns Nigeria Heading Towards Recession
AllAfrica.com / Posted 6 days ago
weaken the global outlook," it added. In the foreign exchange market, however, the naira depreciated on both the interbank and parallel FX segments of the market yesterday. The local currency fell against the US dollar by N2.42 to close... Read more
7d
AllAfrica.com
Naira Depreciates As U.S.$697 Million Forwards Mature This Weeknaira depreciated in all the segments of the foreign exchange market last week
Naira Depreciates As U.S.$697 Million Forwards Mature This Week
AllAfrica.com / Posted 7 days ago
naira depreciated in all the segments of the foreign exchange market last week due to shortage of dollars. Meanwhile the interbank foreign exchange market will experience the maturity of $697 million one-month forwards contract sold by the CBN on... Read more
7d
AllAfrica.com
FDI - CBN Takes Campaign to U.S., UKit might have sold some of the currency on the forwards market. The naira tumb
FDI - CBN Takes Campaign to U.S., UK
AllAfrica.com / Posted 7 days ago
it might have sold some of the currency on the forwards market. The naira tumbled to a record low of 295.25 in thin trades against the dollar on Friday after the central sold dollars to try and boost liquidity on the interbank market, traders... Read more
7d
New Kerala
China continues to inject liquidity into market - newkerala.com #92425to ease money shortages in the market more frequently this year, rather than cu
China continues to inject liquidity into market - newkerala.com #92425
New Kerala / Posted 7 days ago
to ease money shortages in the market more frequently this year, rather than cuts in interest rates or the reserve requirement ratio. On Tuesday's interbank market, Shanghai Interbank Offered Rate (Shibor) rose 0.7 basis point to 2.003 p... Read more
7d
Money Marketing Online
To be and not to be – Multi asset investing with convictionof the fund is to provide investors with a positive absolute return in excess o
To be and not to be – Multi asset investing with conviction
Money Marketing Online / Posted 7 days ago
of the fund is to provide investors with a positive absolute return in excess of the ICE Libor GBP three-month rate (London Interbank Offered Rate) in pounds sterling over 12-month rolling periods. Capital invested in the fund is at risk and there... Read more
7d
AllAfrica.com
Naira Settles At N292.15/$ As Dealers Limit Spread On OffersBy Obinna Chima and James Emejo Lagos and Abuja — The naira closed at N292.15
Naira Settles At N292.15/$ As Dealers Limit Spread On Offers
AllAfrica.com / Posted 7 days ago
By Obinna Chima and James Emejo Lagos and Abuja — The naira closed at N292.15 to a dollar on the interbank market monday, slightly stronger than the N292.25 to a dollar at which it closed on Friday, after volatility surged following the decision by... Read more
5 related stories
7d
AllAfrica.com
Inflation Rate Rises to 11-Year High at 16.5%surged after the CBN ended a rule capping the difference, or spread, between bi
Inflation Rate Rises to 11-Year High at 16.5%
AllAfrica.com / Posted 7 days ago
surged after the CBN ended a rule capping the difference, or spread, between bids and offers in the foreign-exchange interbank market at 50 kobo, to allow liquidity levels determine the value of the naira as a way of increasing supply to the... Read more
5 related stories
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