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FX Market
The Nigerian naira closed relatively flat at N1,328 per US dollar in the foreign exchange market
The British pound stabilised above $1.35, recovering from a two-week low, as investors prepare for a week filled with significant economic data and global interest rate decisions while also monitoring US-Iran peace talks.
The naira fell against the US dollar at the official window as pressures from rising international payments eclipsed FX liquidity in the currency market.
The naira dipped against the US dollar at the official window, as data published by the Central Bank of Nigeria (CBN) showed a slump.
Naira Sees 1.13% Weekly Gain on FX Liquidity, Interventions The Nigerian local currency, the naira,…
The Naira closed the trading session in the positive territory at the Nigerian Foreign Exchange Market (NFEM), appreciating by 11bps or ₦1.44 against the U.S. Dollar.
The naira traded stable at the Nigerian foreign exchange market (NFEM) on Wednesday, closing the session at N1343 per dollar, according to the Central Bank’s daily FX publication.