News Formal

Naira gains against Dollar, exchanges at 790/$1 in official forex market

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

The Naira appreciated at the close of work on Wednesday against the Dollar as it exchanged at N790/$1 at the official window. This is according to FMDQ Wednesday's forex trading report. Wednesday's rate of N790/$1 represented a N58 disparity from the N848/$1 traded on Tuesday.

However,

reported that Naira had continued its free-fall at the parallel market, exchanging between N1060 and 1100 against a Dollar. This indicates that the disparity between the official and parallel market is widening drastically, worsening the forex crisis. The development is amid a move by the Central Bank of Nigeria to stabilize the country's forex market by lifting the restrictions on rice, cement and 41 other items.

recalls that since the floating of Naira on June 14 at the forex market, the country's currency had continued to depreciate.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 11. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Naira Falls To Lowest N848/$ At Official MarketNigeria’s naira closed trading at a record low of N848 per dollar on the official market yesterday, according to data from FMDQ, as dollar shortages persist.
Herkunft: LeadershipNGA - 🏆 4. / 77 Weiterlesen »

Forex crisis defies CBN reforms as Naira hits record low of N848/$ on official marketNigeria's forex crisis has defied the Central Bank of Nigeria's recent reforms as the Naira closed trading at a record low of N848.12 per dollar on the official market on Tuesday. FMDQ's official data on its website said that the country's currency continued to depreciate as dollar shortages persisted. The N848.
Herkunft: DailyPostNGR - 🏆 11. / 59 Weiterlesen »