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FX spot market turnover rises by 85.6 per cent on FMDQ

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Foreign 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.

Foreign 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 from $884.3 million achieved in the previous week.Foreign 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 from $884.3 million achieved in the previous week.

In addition, the average Nigerian Autonomous Foreign Exchange Fixing rate within the period was $/₦1,504.58, compared to $/₦1,607.38 recorded in the week ended March 15, 2024. Trading in the top three equities namely United Bank for Africa Plc, FBN Holdings Plc and Access Holdings Plc accounted for 564.882 million shares worth N16.99 billion in 8,493 deals, contributing 32.6 per cent to the total equity turnover volume.

Foreign 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 from $884.3 million achieved in the previous week. There are increasing Fintechs adopting Artificial Intelligence technologies for content creation in Nigeria, a report by Africa Fintech Summit has revealed.

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ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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Naira appreciation continues as USD supply surges at forex marketThe Naira continued its appreciation against the US Dollar at the foreign exchange market as USD transactions surged. FMDQ data showed that the Naira appreciated to N1,572.82 per USD upon resumption of trading on Monday compared to 1,602.75 on Friday. The figure represents N29.93 appreciation compared to the N1602.75 it traded on Friday.
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USD dollar supply surges by 21% as Naira appreciates at FOREX marketThe US dollar turnover transactions surged by 21 per cent to $122.18 million as the Naira appreciated against the US dollar on Tuesday at the foreign exchange market. FMDQ data showed that USD transactions increased to $122.18 million compared to the $96.13 million recorded on Monday. The development comes as the Naira records N14.
แหล่ง: DailyPostNGR - 🏆 11. / 59 อ่านเพิ่มเติม »