Naira hits N388 to $1 at I&E as IMF dollars boost currency markets

Naira’s true worth,Naira gains on the dollar for the first time since March, Naira forwards hit record high as it crashes to N420/dollar in the parallel market, Naira hits N500 to $1 at the forward market, Naira hits N509 to the dollar at forwards market, demand for the U.S dollar climbs up, Naira hits $387.35 to $1 at currency spot market , Naira sells at N456, Nigeria’s Foreign Reserves drop by over $3 billion in Q1 2020, Investors and Exporters (I&E) window, Naira gains against the dollar, CBN close in on currency speculators

The naira was trading at 387.35 to the dollar yesterday at the currency spot market mainly used by foreign investors ...

Naira maintains stability at forex markets as dollar supply rise by 57%, Exchange rate, dollar, Foreign Direct Investment, Global Investment, Naira appreciates at I & E window, hits N384 to $1

Naira appreciates at I&E window, hits N384 to $1

by Chike Olisah

May 5, 2020

0

CBN intervenes in the foreign exchange market, the local currency, naira, on Monday May 4, 2020, appreciated against the dollar

CBN reveals framework for the N75 billion Youth Investment Fund, Economic Growth, CBN, Governor, Emefiele, CBN releases new capital base, sanctions for Microfinance Banks, Nigerian Banks broadly positive after naira devaluation, Naira hits N465 to $1, Central Bank begins disbursing $100million to hit at currency speculators, CBN appoints 3 Pre-Shipment Inspection and 2 Monitoring Agents for non-oil exports

Naira hits N430 per $1 as CBN restates dollar sales

by Olumide Adesina

May 4, 2020

2

As Nairametrics previously reported, the apex bank informed Nigerians that it will resume the provision of Forex to all commercial ...

Exchange rate depreciates at NAFEX window as forex liquidity drops further by 57%, Central Bank Continues intervention in Forex market to stabilize Naira, Naira to depreciate slightly over $1.52 billion maturing contracts expires, Naira hits N388.84 to $1 at the currency spot market, Investors and Exporters (I&E) window, Naira weakens against the dollar by 1.14% amidst uncertainty, Naira gains against the dollar at I&E window, forex liquidity up by 242%

Naira hits N388.84 against dollar at the spot market

by Olumide Adesina

April 30, 2020

0

The naira is likely to keep falling due to surging demand for the U.S dollar as Nigeria’s Central Bank begins ...

Naira to depreciate slightly over $1.52 billion forward contracts

by Olumide Adesina

April 30, 2020

0

Currency traders are expecting the naira to fall slightly today, due to the maturing $1.52 billion April 29 contract.

Naira hits N509 to $1 at forwards market, as demand for the U.S dollar climbs up

by Olumide Adesina

April 28, 2020

0

Nigeria's currency continued to depreciate at the forward market, as worries strengthened that the CBN might have to devalue the naira again.

Naira crashes to N450 to $1 at parallel market amid fx scarcity

by Chike Olisah

April 24, 2020

1

The volatility of Nigeria’s foreign exchange market seems to be heading towards the 2015 crisis era as the naira has ...

American Dollar remains king as stimulus fails to stop global financial market panic,Demand for “Inflow dollars” drive exchange rate to as high as $N420/$1 compared to “Cash dollars”, U.S dollar drops against major currencies, tension rises between America and China, U.S dollar gains against major currencies, America threatens China with sanctions., U.S dollar down against major currencies, more countries start lifting of COVID-19 induced lockdowns, The U.S. Dollar Index that tracks the American dollar dropped 0.14% to 96.5 as global Investors and traders appetite for risk increased in momentum, Digitization of U.S Dollar Faces U.S Senate Hearing, U.S dollar Remains Neutral as Strong Economic Macros Weaken its demand, U.S dollar Remains Neutral as Strong Economic Macros Weaken its demandU.S dollar Remains Neutral as Strong Economic Macros Weaken its demandU.S dollar Remains Neutral as Strong Economic Macros Weaken its demand

Demand for “Inflow dollars” drive exchange rate to as high as N420/$1 compared to “Cash dollars”

by Abiola Odutola

April 17, 2020

4

COVID-19 pandemic and the crash in oil prices have all but extinguished supply of dollars from the IFEX market (official ...

Naira gains on the dollar for the first time since March

by Olumide Adesina

April 15, 2020

2

Interestingly, the dollar fell significantly against most major currencies on Tuesday, amid concerns that the currency had surged too quickly ...

Naira depreciates to N410 per dollar as local currency weakens

by Chike Olisah

March 27, 2020

2

Naira depreciates to N410 per dollar as local currency weakens

Tag: Dollar