Tag: FX
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Dollar Rallies Amidst US-China Temporary Trade War Pause
Dollar Rallies Amidst US-China Temporary Trade War PauseThe US dollar rose against its major trading partners early Monday as the focus turned to inflation...
Naira Lost N13 Despite CBN $270m FX Interventions
Naira Lost N13 Despite CBN $270m FX InterventionsThe Central Bank of Nigeria (CBN) official exchange rate depreciated by N13 to close at N1609.63 against...
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 AprilIn 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 AgainThe 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 SupplyThe naira fell softly at the Nigeria Foreign Exchange Market (NFEM) against the US dollar...
