Browsing: FOREX
Naira Sees Large Daily Gain as FX Pressure Eases The Nigerian naira saw a large daily gain in the official…
The Nigerian local currency, the naira, registered a marginal gain against the US dollar in the forex market on Friday as FX scarcity pressures eased
The naira exchange rates diverged due to imbalance in the volume of foreign currency demanded and supplied in the forex markets. On one side, the naira recorded gain against the US dollar. At the other end, exchange rate worsened.
The naira strengthened by 3.3% to close at N1,354.21 per US dollar at Nigeria’s autonomous foreign exchange market
The Nigerian naira moved with confidence as the dominant US dollar across foreign exchange markets as foreign currency
The Nigerian naira recorded market-wide gains resulting in a large drop in FX gap to N12 at the beginning of the week
The US dollar rose against its major trading partners early Wednesday ahead of the release of weekly Redbook same store sales ….
Naira Suffers over US Dollar Scarcity, GBP Crosses N2000 The Nigerian naira suffered further setbacks from regaining its strength as…
The naira exchange rate has breached N1500 and declined to N1503 at the official market today
The Central Bank of Nigeria (CBN) says it has released 500 million dollars to clear FX backlog