Saturday, June 1, 2024
MARKET UPDATE
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Tag "parallel market"

Naira appreciates by 13%, ends 2023 at N907/$ at official market

    Naira appreciates by 13%, ends 2023 at N907/$ at official market

The naira, on Friday, gained against the dollar at the official foreign exchange (FX) market, known as Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ Securities, a platform that

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Naira appreciates by 4% to N844/$ at official market

    Naira appreciates by 4% to N844/$ at official market

The naira on Tuesday appreciated against the dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), known as the official market. Naira rose by 4.90 percent to close at N844.85

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Naira gains 9%, closes N837/$ at official market

    Naira gains 9%, closes N837/$ at official market

The naira, on Monday, appreciated to N837.77 per dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM).  NAFEM is the country’s official exchange rate window. The rate represents a rise

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Naira depreciates to N1,165/$ at parallel market

    Naira depreciates to N1,165/$ at parallel market

The naira, on Thursday, depreciated to N1,165 per dollar at the parallel section of the foreign exchange (FX) market. The figure represents a N5 or 0.43 percent depreciation compared to

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Naira depreciates to N996/$ at official market

  Naira depreciates to N996/$ at official market

The naira on Thursday depreciated by 13.95 percent to close at N996 per dollar at the Nigerian Autonomous Foreign Exchange

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Naira shrinks to N1,135/$ at parallel market

  Naira shrinks to N1,135/$ at parallel market

The naira on Wednesday weakened to N1,135 per dollar at the parallel section of the foreign exchange (FX) market. The

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Naira falls to N1,120/$ at parallel market

  Naira falls to N1,120/$ at parallel market

The naira has commenced a downward spiral, falling to N1,120 per dollar at the parallel market on Tuesday. The figure

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Naira appreciates further, trades N1,025/$ at parallel market

  Naira appreciates further, trades N1,025/$ at parallel market

The naira, on Monday, appreciated further at the parallel section of the foreign exchange market to N1,025 a dollar. This

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Naira gains, trades at N1,040 at parallel market

  Naira gains, trades at N1,040 at parallel market

The naira, on Friday, appreciated against the dollar at the parallel section of the foreign exchange market. The local currency

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Naira reverses two-day rally, falls to N1,185/$ at parallel market

  Naira reverses two-day rally, falls to N1,185/$ at parallel market

The naira, on Tuesday, depreciated to N1,185 per dollar at the parallel section of the foreign exchange (FX) market. Naira

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