Britain to add Nigeria’s naira to list of accepted trade currencies (news: 12/02/18)

Today's press

  • (Reuters) – Wall Street’s main indexes rose for a second straight session on Monday, led by gains in technology and financial stocks, after its worst week in two years as the specter of rising inflation led to fears of accelerated interest rate hikes.

  • LAGOS (Reuters) – Britain’s export finance agency will add the naira to its list of “pre-approved currencies”, allowing it to provide financing for transactions with Nigerian businesses denominated in the local currency.

  • Bitcoin clocked six-day highs above $9,000 over the weekend, but a long-term bull market revival may not be on the cards, yet.

  • International Monetary Fund (IMF) chief Christine Lagarde told CNNMoney yesterday, Feb.11, that regulation of cryptocurrencies is “inevitable” and necessary on an international level.

Next trading day's important events

  • 12:30 (GMT+3) UK – Consumer Price Index (YoY) (Jan)

Forex quotes:

  • USDJPY: 108.70
  • EURUSD: 1.2266


  • S&P 500: 2652.22
  • NASDAQ: 6975.46

Source: Alpari

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