Monday, December 11, 2023
MARKET UPDATE
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Tag "parallel market"

Naira continues free fall, trades at N1,170/$ at parallel market

    Naira continues free fall, trades at N1,170/$ at parallel market

The naira, on Thursday, dropped to a new low of N1,170 per dollar in the parallel market.  The Nigerian currency depreciated by N105 or 9.8 percent compared to the N1065

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Naira hits all-time low, trades N1,000/$ at parallel market

    Naira hits all-time low, trades N1,000/$ at parallel market

Nigeria’s local currency, the naira, has set a new record, falling to its lowest against the dollar at the parallel market. Currency traders in Lagos, also known as Bureaux De

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Naira falls to N930/$ at parallel market as BDCs lament dollar scarcity

    Naira falls to N930/$ at parallel market as BDCs lament dollar scarcity

The naira, on Wednesday, depreciated to N930 per dollar at the parallel section of the foreign exchange (FX) market. The figure represents a depreciation of N25 or 2.76 percent compared

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Naira tumbles to all-time low of N950/$ at parallel market

    Naira tumbles to all-time low of N950/$ at parallel market

The naira fell to an all-time low of N950 to a single dollar at the parallel market on Thursday afternoon. The figure represents a N53 or 5.9 percent depreciation compared

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Naira falls to N775/$ at parallel market as dollar demand rises

  Naira falls to N775/$ at parallel market as dollar demand rises

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

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Naira depreciates to N748/$ at parallel market amid increased demand

  Naira depreciates to N748/$ at parallel market amid increased demand

The naira has dropped to N748 per dollar at the parallel section of the foreign exchange (FX) market, popularly called

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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

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Naira appreciates to N752/$ at parallel market as dollar demand shrinks

  Naira appreciates to N752/$ at parallel market as dollar demand shrinks

The naira, on Thursday, appreciated to N752 per dollar at the parallel section of the foreign exchange (FX) market, popularly

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Naira stable, exchanges for N740/$ at parallel market amid diaspora dollar inflow

  Naira stable, exchanges for N740/$ at parallel market amid diaspora dollar inflow

The naira, Nigeria’s currency, has maintained stability against the U.S dollar at the parallel market for the past week. Bureau

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Naira depreciates further, exchanges for N750/$ at parallel market

  Naira depreciates further, exchanges for N750/$ at parallel market

The naira, on Tuesday, declined further against the dollar at the parallel section of the foreign exchange (FX) market, popularly

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