Currency News: Speculation About The Nigerian Naira’s Devaluation

Many in Nigeria are worried that their government will let the naira weaken.

Currency News: Why This it is Not a Currency War

When People’s Bank of China devaluated the Yuan by more than 3 percent, the common feelings around global markets was that a currency war had just started.

Currency News: China’s Devaluated Yuan Update

According to Ma Jun, chief economist at China’s central bank, the yuan will probably move in both directions in the future following last week’s devaluation as the economy stabilises.