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  2. Second-Tier Foreign Exchange Market - Wikipedia

    en.wikipedia.org/wiki/Second-Tier_Foreign...

    The introduction of SFEM was to dampen interest in the black market, deregulate the financial sector and allow market forces to determine the exchange rate. SFEM began in September 26, 1986 with the value of the naira determined by weekly auction and the highest bids receive not more than 10% of the allocation. [ 1 ]

  3. Nigerian naira - Wikipedia

    en.wikipedia.org/wiki/Nigerian_naira

    When the naira was introduced, it had an official exchange rate of US$1.52 for ₦1, though a currency black market existed in which the naira traded at a discount relative to the official exchange rate. The official exchange rate set by the Central Bank of Nigeria: naira to U.S. dollar is approximately ₦767.54 per 1 US dollar.

  4. Exchange Bank of India & Africa - Wikipedia

    en.wikipedia.org/wiki/Exchange_Bank_of_India...

    The Exchange Bank of India & Africa was an Indian bank with a number of overseas branches in East African countries that operated from 1942 until its failure in 1949. It expanded rapidly across the trade routes between India and Africa but suffered a crisis in 1949 which caused it to fail.

  5. List of countries by exchange rate regime - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...

  6. Exchange rate history of the Indian rupee - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate_history_of...

    The data on exchange rate for Japanese Yen is in per 100 Yen. The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate. Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates.

  7. 12 reasons you aren't losing weight even though you're eating ...

    www.aol.com/lifestyle/12-reasons-arent-losing...

    Another theory is that your basal metabolic rate—the calories your body burns at rest—drops as you lose weight. This shift can shrink your calorie deficit, making it harder to shed pounds.

  8. List of circulating fixed exchange rate currencies - Wikipedia

    en.wikipedia.org/wiki/List_of_circulating_fixed...

    This is a list of circulating fixed exchange rate currencies, ... Indian rupee: 1.6 Netherlands Antillean guilder: U.S. dollar: 1.79 Niue dollar: New Zealand dollar: 1

  9. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers.