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FX Market
The naira opens Monday’s trading session on a weak note following mild depreciation at the Nigerian foreign exchange market
The South African rand slid against major currencies as the World Bank reduced its estimate of the country’s 2026 gross domestic product (GDP) growth.
South African rand (ZAR) is little changed against the US dollar ahead of key economic data scheduled for release on Thursday. The local unit traded rangebound in yesterday’s session and is little changed this morning, First National Bank (FNB) said in a note.
The naira strengthened by about 3.6% against the U.S. dollar at the foreign exchange market in January 2025
The Nigerian local currency, the naira, broke the FX rate barrier at the official window, trading below N1,400 per dollar
Nigerian Naira Touches N1,392 Per U.S. Dollar at CBN Window The Nigerian naira briefly touched…
Naira Gains Market-Wide Amidst Global Dollar Selloffs The naira continued to gain ground across both…
Dollar Supremacy Cracking As Investors Seek Escape The dollar’s supremacy is cracking, and markets are…
The naira recorded its largest daily gain since the beginning of the year at the Nigerian foreign exchange market on Tuesday, as US dollar supply eclipsed demand for foreign payments.