Tuesday, April 30, 2024
MARKET UPDATE
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Tag "Naira to dollar rate"

Dollar strengthens against naira at parallel, official windows

    Dollar strengthens against naira at parallel, official windows

The naira further depreciated to N1,350 per dollar at the parallel section of the foreign exchange (FX) market on Monday. The current FX rate represents a 2.27 percent decline from

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Naira depreciates in parallel market, official window

    Naira depreciates in parallel market, official window

The naira depreciated to N1,320 per dollar at the parallel section of the foreign exchange (FX) market on Friday. The current FX rate signifies a decline of 1.54 percent from

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CBN sells dollars to BDCs at N1,021/$

    CBN sells dollars to BDCs at N1,021/$

The Central Bank of Nigeria (CBN) has further reduced the foreign exchange (FX) rate for dollar allocations to bureau de change (BDC) operators. On Tuesday, the CBN, in a circular

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Naira depreciates further at parallel market, trades at N1,260/$

    Naira depreciates further at parallel market, trades at N1,260/$

The naira on Monday depreciated further to N1,260 per dollar at the parallel section of the foreign exchange (FX) market. The latest figure represents a 2.44 percent drop from the

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‘There’ll be ups and downs’ — CBN says it’s working to stabilise naira

  ‘There’ll be ups and downs’ — CBN says it’s working to stabilise naira

The Central Bank of Nigeria (CBN) says it is doing everything possible to achieve a stable foreign exchange (FX) rate.

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Naira ends rally at parallel market, depreciates to N1,230/$

  Naira ends rally at parallel market, depreciates to N1,230/$

The naira reversed the appreciation trend at the parallel section of the foreign exchange market on Friday. The local currency

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Gap between parallel, official FX rates drops to N22 as naira extends gains

  Gap between parallel, official FX rates drops to N22 as naira extends gains

The naira, on Wednesday, appreciated to N1,050 at the parallel section of the foreign exchange (FX) market. The current FX

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Naira appreciates to N1,100/$ in parallel market

  Naira appreciates to N1,100/$ in parallel market

The naira rose further on Monday in the parallel section of the foreign exchange (FX) market. At the Lagos street

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Naira strengthens in parallel market, trades at N1,150/$

  Naira strengthens in parallel market, trades at N1,150/$

The naira, on Friday, appreciated to N1,150 per dollar at the parallel section of the foreign exchange (FX) market. Currency

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Naira appreciates in parallel, official markets

  Naira appreciates in parallel, official markets

The naira, on Wednesday, appreciated to N1,240 per dollar at the parallel section of the foreign exchange (FX) market. The

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