Naira Records Second Depreciation Against Dollar on Official FX Market

Naira records second depreciation against dollar on official FX market

The naira recorded second consecutive depreciation against the dollar at the official foreign exchange market on Tuesday. Data from the Central Bank of Nigeria showed that the naira weakened to N1,549.04 on Tuesday, from N1,548.52 traded on Monday. This indicates that the naira declined by N0.52 against the dollar on a day-to-day basis. Meanwhile, in the black market, it remained flat at N1,595 per dollar on Tuesday, the same rate exchanged on M…

Naira continues depreciation against dollar at official forex...

The naira continued depreciation against the dollar at the official foreign exchange market on Wednesday.The Central Bank of Nigeria exchange rate data on... #business, #naira, #dollar, #flyingeze

Naira records second depreciation against dollar on official FX market – Media Talk Africa

The naira recorded second consecutive depreciation against the dollar at the official foreign exchange market on Tuesday. Data from the Central Bank of Nigeria

Naira Maintains N1,549/$1 Rate in Official Market - Tech

The naira maintained the same rate as Monday’s  N1,549/$1 close in the official market on Tuesday, maintaining stability and holding its ground after falling in the foreign exchange market previously amid demand pressures. According to data from the Nigerian Foreign Exchange Market (NFEM), the naira fluctuated between N1,547.50/$1 and N1,550.50/$1 during Tuesday’s trading session. In the parallel market, it recorded a mixed performance against m…

Naira sheds N1.18 against dollar at official window

The Nigerian currency, the naira, slumped against the American dollar at the official window on Monday.The Central Bank of Nigeria (CBN) foreign …