Tag: FX
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CBN Injects about $2.5bn in FX Market to Defend Naira in April
CBN Injects about $2.5bn in FX Market to Defend Naira in April
In April, the naira survived fast and furious pressures in the foreign exchange...
Naira Rises as External Reserves Pick Up Again
Naira Rises as External Reserves Pick Up Again
The Nigerian local currency, the naira, experienced a soft rally against the US dollar in the official...
Naira Falls Softly as CBN Keeps Tab on FX Supply
Naira Falls Softly as CBN Keeps Tab on FX Supply
The naira fell softly at the Nigeria Foreign Exchange Market (NFEM) against the US dollar...
Exchange Rates Gap Crashes as NFEM Rate Closed at N1601/$
Exchange Rates Gap Crashes as NFEM Rate Closed at N1601/$
The naira exchange rate gap collapsed as the local currency closed at N1601.82 per US...
US Dollar Rises Ahead of S&P Flash PMI
US Dollar Rises Ahead of S&P Flash PMI
The US dollar rose against its major trading partners—the British pound, euro, loonie, and Japanese yen—early Wednesday...
