Browsing: Naira
The Nigerian naira weakened against the US dollar at the foreign exchange market (FX), extending previous losses due to liquidity shortage at the official currency market on Monday.
Naira Sheds Weight Amidst Declining Foreign Reserves The naira depreciated by ₦14.80 to close at ₦1,358.44/$ in the official market,…
The naira fell against the US dollar at the official window as pressures from rising international payments eclipsed FX liquidity in the currency market.
The naira dipped against the US dollar at the official window, as data published by the Central Bank of Nigeria (CBN) showed a slump.
The naira was quoted at N1348 per dollar at the official window, reflecting a moderate gain from N1350 previously quoted for international payments.
Naira Value Weakens to N1,350 as FX Payments Surge The Nigerian local currency fell against the dollar, trading at N1350…
Naira Sees 1.13% Weekly Gain on FX Liquidity, Interventions The Nigerian local currency, the naira, appreciated against the U.S. dollar,…
Naira Dips Vs. Dollar Liquidity Lags Foreign Payments The Naira closed the week with a slight loss at the official…
The Naira closed the trading session in the positive territory at the Nigerian Foreign Exchange Market (NFEM), appreciating by 11bps or ₦1.44 against the U.S. Dollar.
Naira Surges to N1,356 as NFEM Interbank Turnover Climbs The Nigerian local currency, the naira, surged to N1,356 per dollar…