Naira depreciates in parallel market, official window

  • 📰 thecableng
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 80%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

The naira depreciated to N1,320 per dollar at the parallel section of the foreign exchange (FX) market on Friday.

The naira depreciated to N1,320 per dollar at the parallel section of the foreign exchange market on Friday.Currency traders, known as bureau de change operators, quoted the buying rate at N1,260 and the selling price at N1,320 — leaving a profit margin of N60.

At the official window, the local currency depreciated by 2.24 percent to N1,339.23 against the dollar on Friday, from N1,309.88 on April 25.According to FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market , also known as the official window, during trading hours, a dollar was sold as high as N1,410 and at a low rate of N1,051.asked

the federal government to develop policies that will strengthen the naira and foster economic growth in Nigeria. “We are here to brainstorm innovative strategies for strengthening the naira, assessing progress, identifying challenges, and formulating practical solutions,” Obegolu said.He pledged that the recommendations from the roundtable will be diligently conveyed to the relevant authorities for implementation.

Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 2. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Naira falls to N1,420/$ at parallel market amid dollar scarcityThe Nation Newspaper Naira falls to N1,420/$ at parallel market amid dollar scarcity
مصدر: TheNationNews - 🏆 6. / 69 اقرأ أكثر »

Naira slumps seventh times against Dollar in days at Foreign MarketThe Naira has slumped seven times in recent days against the US dollar at the foreign exchange. FMDQ data showed that the Naira recorded a seventh drop against the Dollar, quoting N1309.88 per Dollar on Thursday from N1308.52 on Wednesday. This represents a N1.36 loss on a day-to-day basis.
مصدر: DailyPostNGR - 🏆 11. / 59 اقرأ أكثر »

Naira declines to N1,450 per Dollar in black marketA Trusted Nigerian Newspaper
مصدر: NigeriaNewsdesk - 🏆 10. / 63 اقرأ أكثر »