Currencies
Nigeria's daily parallel market exchange rate tracker
This Investment Firm Believes The Dollar Is Worth N370
Will they get their wish?
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New Forex Policy: How CBN Sold Over $600 Million In One Week
Can they continue to keep up?
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Interbank Lending Rates Hits 200% As Banks Borrow From Each Other To Buy Forex
Nairametrics| Nigerian Banks are on a buying spree and they are borrowing at record rates to do so. According to...
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Black Market Exchange Rate Drops Below N500; First Time In 3 Weeks
Nigeria's parallel market exchange rate dropped below N500 for the first time since February 2, 2017. Data from our parallel market...
Read moreDetailsAlert: Fitch Explains Why Latest Forex Policy Could Favour Banks
Rating agency Fitch, has dropped its first analysis on the latest CBN Forex Policy. Here it is LONDON, February 22...
Read moreDetailsAnalysis: Speculators Are Offloading Dollars, What is The End Game?
Nairametrics| Yesterday, Reuters reported that Central Bank of Nigeria sold about $6.5 million of Forex to the interbank market in...
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Chart Shows How Nigeria Lost Over $80 billion In Forex Inflows In 3 Years
Nairametrics| The Central Bank of Nigeria on Tuesday, issued a rash of new forex polices aimed at reducing dollar scarcity...
Read moreDetailsCBN sells $6m to banks @N304.75
The Central Bank of Nigeria sold about $6 million to commercial banks on Tuesday, according to information from Reuters. This...
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CBN reveals guidelines and allowances for PTA, School & Medical Fees
Nairametrics| The Central Bank of Nigeria has issued new guidelines for the documentation required to access Forex for Personal Travel...
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The Biggest Winners And Losers From CBN’s New Forex Policy
A policy walking on thin ropes
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