The exchange rate at the parallel market was unchanged for the third consecutive day.
The U.S. Dollar Index dropped by 0.02% to trade at 95.090 at the time of this report.
The exchange rate disparity between NAFEX rate and back market rate widened by a whopping N84.
Gold still targets $1,831, as it has broken a resistance at $1,796 per ounce.
The U.S. Dollar Index gained 0.19% to 96.858 by 5.56 am local time on Friday.
The opening indicative rate was N387.32 to a dollar on Wednesday.
Member of the Financial Services Committee asked to know what digital dollars had to do with financial inclusion.
Forex shortages have persisted since the crash in oil prices coincided with the global lockdown.
The American Dollar Index tracks the dollar’s strength relatively against a bouquet of other major currencies.
The liquidity in the foreign exchange market appears to have improved, the volatility and uncertainty of the market seem to still persist.
