Currencies
Nigeria's daily parallel market exchange rate tracker
January FX Utilization By Banks Shows $811m Allocated To PTA
Nairametrics| The Central Bank of Nigeria on the 1st of March published the list of forex sold by commercial banks...
Read moreDetails
This Was The CBN Warning To Forex Speculators, Heard On Radio On Monday
Is the CBN getting scared or just very confident?
Read moreDetails
This Is BDC’s First reaction To The “Dollar Crash”…It’s Good and Bad
He who laughs last, laughs best
Read moreDetails
This Investment Firm Believes The Dollar Is Worth N370
Will they get their wish?
Read moreDetails
New Forex Policy: How CBN Sold Over $600 Million In One Week
Can they continue to keep up?
Read moreDetailsInterbank 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...
Read moreDetails
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...
Read moreDetails
