In a recent report, Goldman Sachs analysts suggest the Naira "looks cheap" on a REER basis in a historical context.
Read moreThe Nigerian unofficial market rate appreciated by about 1% to close at N1,610 to the dollar on Thursday, while the...
Read moreThe official market witnessed a slight gain in the value of the Naira against the US Dollar, reversing the downward...
Read moreEgypt has successfully negotiated an expansion of its International Monetary Fund's (IMF) bailout package to $8 billion, following the government's...
Read moreSpot FX market turnover in January 2024 was $4.37 billion (N4.03 trillion), representing a Month-on-month (MoM) decrease of 40.46% ($2.97...
Read moreThe Naira reversed course yesterday, falling at the official window after rising for four days in a row despite the...
Read moreThe official exchange rate of the naira against the dollar ended its three-day winning streak, falling by 4.26% to N1602.43...
Read moreThe parallel market exchange rate has experienced a substantial decline, reaching a low point of N2050 per Great Britain Pound...
Read moreThe exchange rate between the naira and the dollar strengthened for the third consecutive day, closing at N1,534.9/$1 on the...
Read moreThe Naira exhibited a positive trend against the US Dollar in the official market, concluding the week at N1,548.25/$1.
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