As the world economy faces unprecedented shifts, the dynamics of global trade, exchange rates and capital flows are evolving in ways that challenge established economic theory and policy frameworks.

A new study has uncovered why FX carry trade strategies persistently deliver returns, helping solve a mystery that has long vexed academics. Carry trade strategies, in which the purchase of ...

The naira sustained its rally last week, closing at N1,500/$1 at the official Nigerian Foreign Exchange Market. The naira rebound is being driven by a combination of stronger demand for the naira, ...