Browsing: Naira

Naira Slides, Data Shows FX Inflows Reach $871mn The naira slid against the US dollar in the foreign exchange (FX)…

Naira Lost N20.82 after Two Months Gaining Streaks The naira declined against the US dollar by N20.82 after two months…

Naira Gains 4.3% on Tripartite FX Inflows Sources The Nigerian naira experienced a rapid yet strong rally in the currency…

Exchange Rate: FX Traders Price US Dollar at 1485 Naira The naira was priced at 1485 to the US dollar…

With rapid daily gain, the naira extends its rally in the currency market as a flood of US dollar credits boosted liquidity level in the official window on Thursday. According to spot data from the FMDQ platform, the naira appreciated by 1.7% to N1,458.95 per US dollar

The Nigerian Treasury bills market rallied as investors seeking to park their funds in the money market instruments positioned in naira assets. As a result, the average yield on Treasury bills retreated sharply amidst inflation concerns.

Naira Rises Sharply as CBN, FPIs Boost FX Liquidity The naira saw a significant daily surge against the US dollar…

The naira depreciated against the US dollar in official foreign exchange (FX) market as demand pressures increased after huge rally

Naira Gains N16 as FX Interventions Crack Foreign Reserves The Nigerian local currency, the naira, gained N16 week on week…

Naira Sees Rapid Gain on 8-Day FX Intervention The naira gained strongly against the US dollar in the foreign exchange…