- Naira Weakens on FX Liquidity Shortfall, Dollar Spread Widens
- Global Oil Refining Capacity Set to Rise 4.2mbpd
- XRP Price Rises as Ripple Deepens Korean Bank Ties
- UBA Shares Attract N2.045bn in Transaction Value
- NCC to Leverage DBI’s ITU Recognition to Advance Digital Literacy
- Access Holdings Slips, Drives 50.54% of Shares Traded on NGX
- Equities Investors Lose N91bn as Nestle, Cadbury, Oando Dip
- NVIDIA Tokenized Stock Gains on Equity Momentum, Buyback
Browsing: USD
The Nigerian naira strengthened against the top Western currencies: the US dollar (USD), the Euro (EUR)
The Nigerian naira posted gains against the U.S. dollar across both the informal and official foreign exchange
The Nigerian naira pulled back against the US dollar (USD), Euro (EUR), British pound (GBP), and Japanese Yen
Ethereum price increased 1.5% to $1,903.77 on Monday, outperforming the broader market, which rose 0.81%, driven primarily by positive sentiment around forward-looking protocol development and a technical breakout from a tight range.
Ripple (XRP) price capped at $1 as the token stopped reacting to market moves after a 0.90% decline in 24 hours. Sellers appear tired of selling, and buyers are searching for catalysts to drive the next uptrend.
Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) bolstered the crypto market rally as investors reacted to the New York State Bar Association (NYSBA) tracing updates.
Bitcoin, Ethereum, Binance Coin, Ripple, and other altcoins declined amid selling pressure despite optimism from Japan’s reclassification of cryptocurrencies as financial assets.
The Nigerian local currency, the naira, rose against the US dollar (USD) at the official window on Thursday as the nation’s foreign reserves continue to move towards $52 billion.
South African rand opens firmer on Tuesday ahead of net and gross reserves updates from the central bank.
The South African rand is marginally weaker against the US dollar on Monday as markets price
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
