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FX futures contracts

FEATURED Latest Money TOP STORIES 

CBN to resume offer rates quotation for FX futures Monday

July 1, 2023July 1, 2023 Markets Reporters 0 Comments CBN, FMDQ Group, FX futures contracts, offer rates quotation

The Central Bank of Nigeria will resume the quotation of offer rates for FX futures contracts on Monday, according to

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FEATURED Latest Money TOP STORIES 

FX forward, futures contracts surge amid naira devaluation

June 17, 2023June 17, 2023 Markets Reporters 0 Comments Bola Tinubu, FMDQ Group, FX futures contracts, naira devaluation

The demand for foreign exchange forward and futures contracts surged this week as the naira saw a significant decline against

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FEATURED Latest Money TOP STORIES 

FX futures contracts gain ground on naira weakness

May 20, 2023May 20, 2023 Markets Reporters 0 Comments FMDQ Group, FX futures contracts, naira-dollar exchange rate

As the naira weakened further against the dollar this week, more users of foreign exchange turned to futures contracts as

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FEATURED Latest Money TOP STORIES 

More firms tap futures contracts as naira dips further against dollar

May 13, 2023May 13, 2023 Markets Reporters 0 Comments FMDQ Group, FX futures contracts, naira, naira-dollar exchange rate

The value of FX futures contracts traded this week between banks and their clients jumped more than eightfold as the

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FEATURED Latest Money TOP STORIES 

FX futures contracts surge, signal expectation of naira devaluation

April 29, 2023April 29, 2023 Markets Reporters 0 Comments FMDQ Group, FX futures contracts, naira devaluation

As the Nigerian currency continued to wobble against the dollar, the demand for foreign exchange futures contracts soared more than

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