Thursday, May 16, 2024
MARKET UPDATE
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TheCable

Tag "Foreign Exchange rate"

Naira hits new low, depreciates to N1,315/$ at parallel market

    Naira hits new low, depreciates to N1,315/$ at parallel market

The naira, on Thursday, depreciated further to N1,315 per dollar at the parallel section of the foreign exchange (FX) market. The figure represents a depreciation of N90 or 7.35 percent

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FX volatility: Give speculators reason to invest their dollars, MOMAN tells FG

    FX volatility: Give speculators reason to invest their dollars, MOMAN tells FG

Clement Isong, the chief executive officer of the Major Oil Marketers Association of Nigeria (MOMAN), says the federal government need to find a way to move the foreign exchange (FX)

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Osinbajo seeks synergy in fiscal, monetary policy to boost FX accessibility

    Osinbajo seeks synergy in fiscal, monetary policy to boost FX accessibility

Vice President Yemi Osinbajo has called for an effective synergy between the fiscal and monetary policy as well as a more market-driven approach to managing foreign exchange (FX) in Nigeria.

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