News Formal

Nigerian Foreign Exchange Market Records Increased Dollar Turnover in Q1'24

  • 📰 vanguardngrnews
  • ⏱ Reading Time:
  • 7 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 75%

Finance News

Nigerian Foreign Exchange Market,Dollar Turnover,Q1'24

The volume of dollar traded in the official Nigerian Foreign Exchange Market increased by 95% to $12.68 billion in Q1'24. The market recorded a turnover of $2.14 billion in January, which increased to $5 billion in February and $5.54 billion in March. Turnover in the fourth week of March reached $1.98 billion, the highest weekly turnover in the month.

The volume of dollar traded in the official Nigerian Foreign Exchange Market increased by 95% to $12.68 billion in Q1'24. The market recorded a turnover of $2.14 billion in January, which increased to $5 billion in February and $5.

54 billion in March. Turnover in the fourth week of March reached $1.98 billion, the highest weekly turnover in the month.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US Dollar to Nigerian Naira Black Market Exchange RateThe US Dollar to Nigerian Naira exchange rate in the Nigerian black market had an average of ₦1,315.817.00 today, 31/03/2024. This page converts USD to NGN using live currency rates.
Source: TODAY - 🏆 12. / 53 Read more »