Naira gains at official market amidst depleting reserve

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Market data published on the FMDQ website on Wednesday indicated that the naira closed at N1,072.74 against N1,148.14 recorded in the previous market session on Tuesday.

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According to market data published on the FMDQ website, naira closed Wednesday at N1,072.74/$1 as against N1,148.14 recorded in the previous market session on Tuesday. Meanwhile, the naira recorded a foreign exchange turnover of $189.12 million on Wednesday, the official market data showed. On Wednesday, Bureau De Change operators at the Abuja zone 4 exchanged the dollar at N1,020 and above, the same range it traded in the previous market segment.

 

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ایران آخرین اخبار, ایران سرفصلها

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FX spot market turnover rises by 85.6 per cent on FMDQForeign Exchange spot and derivatives markets recorded a turnover of $1,641.18 million for the week ended March 22, 2024, representing an increase of 85.6 per cent ($756.88 million) from $884.3 million achieved in the previous week.
منبع: GuardianNigeria - 🏆 1. / 94 ادامه مطلب »

Naira appreciation: Onakoya reveals CBN’s policy responsible for gains in forex marketProf Adegbemi Onakoya, a Finance and Business Transformation expert, has said the Central Bank of Nigeria's recent circular on harmonizing reporting requirements for foreign currency exposures of banks has boosted activity in the Nigerian Autonomous Foreign Exchange Market, NAFEM, and Naira's weeks-long gains.
منبع: DailyPostNGR - 🏆 11. / 59 ادامه مطلب »

Naira appreciates to N1,440 at parallel market, N1,408 at official windowNigeria's independent online newspaper
منبع: thecableng - 🏆 2. / 80 ادامه مطلب »

Naira appreciates to N1,360 against dollars at forex marketThe naira's appreciation against the US dollar continued on Monday, exchanging N1,360 and N1,408.04 per USD at both parallel and official foreign exchange markets. A Bureau De Change Operator at Wuse Zone 4 Abuja, Mistila Dayyabu, told DAILY POST that naira was sold at N1,360 per USD on Monday. 'The naira has gained significantly.
منبع: DailyPostNGR - 🏆 11. / 59 ادامه مطلب »