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The move has resulted in official rates depreciating sharply and converging with the parallel market rate; the spread has narrowed to just 16%. The change in policy means that the…
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DOI: 10.1108/OXAN-DB281160
ISSN: 2633-304X
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EU states have said previously that payment must be in euros or dollars, as stipulated in contracts. A new advisory note from the Commission suggests that buyers could comply with…
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DOI: 10.1108/OXAN-DB268780
ISSN: 2633-304X
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This has temporarily boosted the supply of forex, causing the naira to appreciate in the parallel market around December. However, this proved short-lived, with the CBN resorting…
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DOI: 10.1108/OXAN-DB259421
ISSN: 2633-304X
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The Russian car market.
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DOI: 10.1108/OXAN-DB201462
ISSN: 2633-304X
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The joint parliamentary committee (JPC) tasked in 2019 with examining a draft Personal Data Protection Bill submitted its report and a revised version of the bill, renamed as the…
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DOI: 10.1108/OXAN-DB271517
ISSN: 2633-304X
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Although an easing of strict data export rules has provided temporary relief for foreign entities, classification standards and local pilot projects indicate which “important…
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DOI: 10.1108/OXAN-DB288979
ISSN: 2633-304X
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A limited number of the bilateral disputes are addressed -- primarily trade and intellectual property (IP) protections -- but unresolved fundamental differences over Beijing’s…
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DOI: 10.1108/OXAN-DB250039
ISSN: 2633-304X
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The stability of the lira since June 2022 is primarily a result of President Recep Tayyip Erdogan’s government shoring up the currency despite cutting interest rates. The…
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DOI: 10.1108/OXAN-DB275967
ISSN: 2633-304X
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After a month of fuel protests and a violent military crackdown, Mangudya on February 20 effectively acknowledged Zimbabwean bond notes and electronic RTGS bank balances as part…
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DOI: 10.1108/OXAN-DB242426
ISSN: 2633-304X
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The economy is not showing serious ill effects from the overspill of the conflict in Gaza or recent aid cuts. The government may even have derived some additional financial…