Bloomberg Pent-up demand for dollars may push Nigeria’s naira at least 20 percent weaker when the central bank allows the currency of Africa’s biggest economy to float freely, said analysts including Renaissance Capital Ltd. and the head of Ecobank Transnational Inc. Demand for foreign currency has built up to about US$3 billion since capital controls were imposed 15 months ...

  Bloomberg Denmark’s government and regulator are looking into tougher laws including the option of imposing harsher penalties on banks after repeated breaches by Nordea Bank AB suggested the existing framework is too weak. Business Minister Troels Lund Poulsen met with the head of the Financial Supervisory Authority, Jesper Berg, discuss measures that could be enforced. The talks followed news ...

  Bloomberg As if Brexit wasn’t enough to worry about, India investors now need to cope with central bank Governor Raghuram Rajan’s impending departure. The rupee, Asia’s worst performing currency this year, slumped to its lowest level in four weeks, following Rajan’s weekend announcement that he plans to return to academia when his term ends in September. Volatility in the ...