Minister Assures Domestic Airlines of Access to Forex

Minister Assures Domestic Airlines of Access to Forex. The Minister of State for Aviation, Senator Hadi Sirika, has assured airline operators that government will assist them to access foreign exchange for acquisition of aircraft parts and maintenance of their equipment. The minister also promised that one of ...

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Forex policy delay hurting business – UAC CEO

Forex policy delay hurting business � UAC CEO. Consumer goods group, PZ Cussons, which generates a quarter of its profits in Nigeria, has warned shareholders that it will take a one-off hit of £17m due to the foreign exchange shortage in the country. The company also warned that it expected conditions ...

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Forex - Yen holds gains in Asia after PPI data, Aussie down

Forex - Yen holds gains in Asia after PPI data, Aussie down. Investing.com - The yen was a tad stronger in early Asia on Friday after producer prices data showed a faster monthly pickup than expected. USD/JPY changed hands at 107.01, down 0.07%, while AUD/USD traded at 0.7410, down 0.27%. In Japan, PPI data for May ...

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FOREX-Dollar enjoys reprieve as euro, sterling feel the heat

FOREX-Dollar enjoys reprieve as euro, sterling feel the heat. SYDNEY, June 10 The dollar clung to modest gains early on Friday, having bounced off one-month lows as the euro took a heavy spill while sterling stayed under a cloud on jitters over the upcoming Brexit vote. The dollar index stood at 94.130, pulling away ...

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Forex - Yen a bit stronger in ASia ahead of producer prices data

Forex - Yen a bit stronger in ASia ahead of producer prices data. Investing.com - The yen was a tad stronger in early Asia on Friday ahead of producer prices data. USD/JPY changed hands at 107.04, down 0.05%, while AUD/USD traded at 0.7434, up 0.05%. In Japan, PPI data for May is due with a 4.2% drop seen year-on-year ...

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FOREX-Yen rises on safe-haven bids, dollar recovers

FOREX-Yen rises on safe-haven bids, dollar recovers. NEW YORK, June 9 A broad decline in commodity and stock prices in major world markets lifted the yen on Thursday as investors piled money into low-risk assets due to jitters about prolonged low inflation and negative interest rates. The yen, which ...

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Forex - Chart EUR/GBP Update: Range trade

Forex - Chart EUR/GBP Update: Range trade. 16:55 GMT - More drift here- the EUR's rotated lower today for a trade back across the developing week's range between .78 & .79. Whilst the market sits just above the recent April-May downtrend break, lean to the long side. Push past .7945/ the May high ...

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