Browsing: FX Market
CBN Supplied 30.5% of US Dollar Inflow in FX Market The Central Bank of Nigeria (CBN) accounted for 30.5% of…
Naira Mixed as Foreign Reserves Climb Near $40bn The Nigerian naira exchange rates diverged across official and parallel markets as…
Naira Drops Against Dollar, Zero Spread Deletes Speculation The Nigerian naira dropped against the US dollar at the Nigerian Foreign…
US Dollar Rises in FX Market on Trade Talks Optimism The dollar rose against its major trading partners early Tuesday,…
Naira Rallies as Foreign Reserves Keep Uptrend The naira strengthened to N1584 against the US dollar at the Nigerian foreign…
Dollar Falls against Euro, Sterling in Forex Market The US dollar fell against its major trading partners early Monday as…
Euro Retreats as US Dollar Hit 2-Week High The euro retreated to $1.13 on Thursday in the forex market as…
Naira Rate Closed at N1599 as CBN Keeps FX Tap Open The naira popped higher against the US dollar to…
The Nigerian naira exchange rate dropped to N1,500 per U.S. dollar at the official currency market on Thursday, marking the fourth successive price depreciation due to FX liquidity shortfall.
CBN Unveils New FX Code to Reform Market Practices The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso,…