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FX Market
The South African rand is marginally weaker against the US dollar on Monday as markets price
The FX spread, or the exchange rate gap between the naira spot rates in the official and informal segments
The naira destiny has been successfully tied to hot money equation – high interest rate can only broing foreign capital
Naira Touches N1,400 per Dollar in Nigerian Currency Market The naira appreciated sharply against the…
The Nigerian naira traded at N1,418 per dollar at the Nigerian Foreign Exchange Market (NAFEM) window on Monday in the absence of foreign payments pressures.
The British pound or the sterling climbed against the US dollar at the forex market, traded at $1.3525, its highest level in over two weeks.
The naira skidded against the US dollar at the official window as FX payments weighed on liquidity balance in Nigeria’s forex market, amidst growing external reserves.
Naira Settles at N1,421 Per U.S. Dollar as FX Pressures Ease The naira settled at…
The Naira depreciated by N1.38 against the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Thursday, closing the session at ₦1,422.07/$, according to daily FX update released by the Central Bank.
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