Naira gains at official window, depreciates at parallel market

The naira depreciated to N1,510 against the dollar at the parallel section of the foreign exchange market on Friday.Currency traders, also known as street traders, in Lagos, quoted the buying rate of the local currency at N1,485/$ and the selling rate at N1,510/$ — leaving a profit margin of N25.

the pains caused by ongoing monetary and fiscal reforms will soon be over if Nigerians remain focused on supporting the policies.“As the Governor of the Central Bank of Nigeria, I remain committed to repositioning the bank to deliver meaningful data-driven and sustainable solutions with a clear positive impact on the livelihood of all Nigerians,” he said.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

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

Naira gains N28.34 against dollar at official marketThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Herkunft: GuardianNigeria - 🏆 1. / 94 Weiterlesen »

Naira drops to N1,370/$ at parallel market, gains marginally at official windowThe naira declined to N1,370 against the dollar at the parallel section of the foreign exchange (FX) market on Wednesday.
Herkunft: thecableng - 🏆 2. / 80 Weiterlesen »