Browsing: FX Market
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,…
Naira Slides to N1538/$ Despite Exporters FX Boost The naira slid to N1538 in the Nigerian autonomous foreign exchange (FX)…
The Central Bank of Nigeria (CBN) says it sold US$543.5 million to authorised dealer local deposit money banks
The naira fell by 54 basis points to N1,667 against the US dollar midweek as the foreign exchange (FX) market crisis deepened.
The volume of US dollars supply into the Investors’ and Exporters FX market sunk 87% in July 2023
Against United States (U.S) dominance, the naira traded steadied across foreign exchange (forex)
The Nigerian local currency, the Naira depreciated against the United States dollar at the Investors and Exporters foreign exchange
The Nigerian Naira traded strongly against the United States dollar this week, appreciating marginally…
The Nigerian Treasury bill (NTB) recorded a 14 basis points jump as the benchmark rate