Tag: NAFEM
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Naira Sinks as US Dollar Volume in FX Market Dips by 40%
The naira depreciated to N1,675.62 per US dollar at the Nigerian autonomous foreign exchange market on Monday
Naira Plunges on Suboptimal FX Intervention
Naira Plunges on Suboptimal FX InterventionThe naira exchange rate suffered from a lack of FX liquidity at the Nigerian autonomous foreign exchange market this...
Naira Plunges to N1690/$ as FX Intervention Reduces
The naira depreciated further against the dominant US dollar at the Nigerian autonomous foreign exchange (FX) market, settling near N1690 per greenback on Tuesday.
Naira Tumbles to N1681, Exchange Rates Gap Now N49
The naira tumbled again across the currency markets due to increasing demand and lower US dollar supply at the Nigerian autonomous foreign exchange market.
