Currencies
Nigeria's daily parallel market exchange rate tracker
Naira closes week at N605/$1 at the black market
The exchange rate between the naira and the US dollar closed at N419.02/$1 at the official Investors and Exporters (I&E)...
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SWIFT to test Central Bank Digital Currencies for international transfers
SWIFT is working to connect CBDCs such as eNaira to one another, as well as to traditional currencies as it...
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Naira falls big at black market as FX supply records significant decline at I&E window
The exchange rate between the naira and the US dollar closed at N420.33/$1 at the official Investors and Exporters (I&E)...
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Pressure for Nigeria’s CBN as South Africa’s Reserve Bank hikes interest rates
South Africa's Reserve Bank has taken an aggressive hawkish stance to raise the interest rates in a bid to stop...
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Exchange rate depreciates to N604/$ at parallel market
The Nigerian Naira fell to N604/$ at the parallel from N565 at the start of the year.
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Naira depreciates at I&E window despite significant improvement in FX supply
The exchange rate between the naira and the US dollar closed at N419.25/$1 at the official I&E window, representing a...
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Naira gains as Nigeria’s foreign reserve plunges below $39 billion
The exchange rate between the naira and the US dollar closed at N418.5/$1 at the official Investors and Exporters (I&E)...
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Naira falls to over 4-month low at official market despite CBN intervention
The exchange rate between the naira and the US dollar closed at N421.5/$1 at the official Investors and Exporters (I&E)...
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Japan maintains stimulus despite inflation concerns
The Bank of Japan must continue its current monetary stimulus to generate long-term gains in prices, business profits, employment, and...
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US dollar starts the week on a strong footing as investors seek safety
Following six consecutive weeks of gains, the dollar index was at 104.54, briefly crossing the 105 level on Friday.
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