Naira Debit Card FX Rate for Online Payments Improved
Daily exchange rate for foreign payments conducted by banks customers improved to N1542 per dollar on Monday, from N1545 reported last week. According to GTBank, international payment on its naira debit card was consummated at N1542 for international payment settled via Naira Mastercard on Monday.
The naira debit card quoted for FX payment suggested that exchange rate improved versus last week. In the parallel market, the local currency traded at N1540 per dollar, gained N5 from last week spot rate.
At the official window on Monday, the naira was quoted at N1526 per dollar, and it hit the intraday low of N1522. MarketForces Africa channel check showed that GTBank buys dollar from customers at the rate of N1530 per dollar last week. #Naira Debit Card FX Rate for Online Payments Improved FGN Bond Auction: Robust Demand, Rising Yields Signal Strategic Shift Toward Fixed Income
