Saturday, April 27, 2024
MARKET UPDATE
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Tag "Bureaux De Change (BDCs)"

Naira extends gain at I&E window, closes at N742.9/$

    Naira extends gain at I&E window, closes at N742.9/$

The naira, on Tuesday, appreciated by 6.58 percent to close at N742.93 to a dollar at the investors and exporters (I&E) window. The improving fortune of the naira comes two

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Naira falls to N788.4/$ at I&E window amid low liquidity

    Naira falls to N788.4/$ at I&E window amid low liquidity

The naira weakened by 5.96 percent to close at N788.42/$ at the investors and exporters (I&E) window on Tuesday.  The I&E window is the country’s official exchange rate window. According

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Naira drops, exchanges for N740/$ at parallel market

    Naira drops, exchanges for N740/$ at parallel market

The Nigerian naira, on Wednesday, weakened to N740 per dollar at the parallel section of the foreign exchange (FX) market. The figure represents a depreciation of N3 or 0.4 percent

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Naira gains, trades N746/$ at parallel market

    Naira gains, trades N746/$ at parallel market

The naira, on Wednesday, appreciated to N746 per dollar at the parallel section of the foreign exchange market. The figure represents an appreciation of N6 or 0.8 percent compared to

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Naira strengthens to N740/$ at parallel market as dollar demand shrinks

  Naira strengthens to N740/$ at parallel market as dollar demand shrinks

The naira, on Friday, appreciated further against the dollar at the parallel market to trade at N740 per dollar. The

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Naira gains, trades N775/$ at parallel market

  Naira gains, trades N775/$ at parallel market

The naira, on Monday, appreciated to N775 per dollar at the parallel section of the foreign exchange market. The figure

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Naira ends one-week rally, depreciates to N790/$ at parallel market

  Naira ends one-week rally, depreciates to N790/$ at parallel market

The improving fortune of the naira at the parallel market was reversed on Tuesday as the local currency depreciated to

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Naira slumps to N885/$ despite EFCC’s raids on BDC hubs

  Naira slumps to N885/$ despite EFCC’s raids on BDC hubs

The naira has dropped to a new low of N885 per dollar at the parallel section of the foreign exchange

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Demand pressure pushes naira to N751 per dollar at parallel market

  Demand pressure pushes naira to N751 per dollar at parallel market

The Nigerian naira, on Thursday, weakened to N751 per dollar at the parallel section of the foreign exchange (FX) market

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Naira hits N742/$ at parallel market as FX scarcity bites harder

  Naira hits N742/$ at parallel market as FX scarcity bites harder

The naira has dropped to a record low of N742 per dollar at the parallel section of the foreign exchange

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