The naira gained against the dollar at the official market but depreciated on the black market, while forex turnover surged ...

Naira falls to ₦1,367.61 per dollar as official-market forex turnover drops, despite Nigeria’s reserves rising to $55.2bn and ...

The difference between FX and foreign currency deposits is whether you hold foreign currency with the full amount of your ...

Lebanon’s pound has held near 89,500 to the dollar even as war drains the country’s reserves, damages infrastructure, and pushes an already exhausted economy deeper into uncertainty. Independent ...

The Internal Revenue Service and the Treasury Department said Wednesday they intend to issue proposed regulations under Section 987 of the Tax Code regarding the determination of taxable income or ...

The naira weakened against the dollar, pound sterling and euro at the official market on Wednesday, while interbank foreign ...

Foreign exchange losses can significantly impact businesses operations, particularly those engaged in cross-border transactions or financing. The question of whether such losses are deductible for tax ...

Before you leave the country, visit your bank or credit union so you can avoid paying ATM transaction costs and possibly receive a better exchange rate. The worst places to exchange your money for ...