The 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
that naira was sold at N1,360 per USD on Monday. 'The naira has gained significantly. We buy at N1,350 per USD and sell at N1,360 on Monday evening,' he said. The figure represents N100 gain compared to the N1,460 per USD traded on Friday last week. Similarly, FMDQ data showed that the naira appreciated to N1,408.04 per USD on Monday compared to N1,431.49 exchanged last Friday. This presents N23 gain against the USD in the forex market.
recalls President Bola Tinubu's Special Adviser on Information and Strategy, Bayo Onanuga, had urged speculators to dump their dollars to avoid 'tears quickly' due to naira appreciation. In early March 2024, Goldman Sachs analysts forecast that the naira will appreciate to N1200 per US dollar in 12 months.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
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 supply surges by 50% as Naira continues appreciation at FOREX marketUS dollar supply surged by 50 per cent to $248.75 million as Nigeria's currency, the Naira, continued its appreciation on Thursday at the foreign exchange market. FMDQ data showed that USD transactions increased to $248.75 million on Thursday compared to $122.18 million recorded on Tuesday.
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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.
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Naira depreciation continues against USD at Forex Market days after Binance exitThe Naira continued its depreciation against the US dollar at the close of the official foreign exchange market on Friday, days after Binance's discontinued Naira-denominated transactions. FMDQ data showed that it dropped to N1627.40 per USD on Friday from N1,602.17 on Monday. This represents a N25.23 or 1.
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