Exchange rate maintains stability at official market despite drop in forex turnover
Naira gained marginally against the US dollar on Tuesday with a 0.01% appreciation to close at N416.33/$1.
Tag: External Reserve
Exchange rate gains at official market as forex turnover records boost
The exchange rate between the naira and the US dollar at the official Investors and Exporters (I&E) window closed at ...
Nigeria’s external reserve loses $24 million in first week of 2022
Nigeria’s external reserve dipped $24.3 million in the first week of the year to close at $40.49 billion as of ...
Nigeria’s external reserve gains $5.15 billion in 2021
Nigeria’s externals reserve rose by $5.15 billion in 2021 to close at $40.52 billion as of 31st December 2021, representing ...
Exchange rate starts the year with gains at official window despite drop in liquidity
Tuesday, 4th January 2022: The exchange rate between the naira and the US dollar at the official Investors and Exporters ...
Naira crashes to N435/$1 at official forex market despite 90% surge in turnover
Thursday, 30th December 2021: The exchange rate between the naira and the US dollar at the official Investors and Exporters ...
Naira falls at P2P forex market as official turnover drops by 29%
Wednesday, 29th December 2021: The exchange rate between the naira and the US dollar at the official Investors and Exporters ...
Nigeria’s external reserve is experiencing its worst run since 2020
The Central Bank of Nigeria reported Nigeria’s external reserve printed at $40.5 billion as of December 23rd, 2021, two days ...
Naira appreciates despite fall in forex turnover as bitcoin rallies above $50k
Thursday, 23rd December 2021: The exchange rate between the naira and the US dollar closed at N414.73/$1 at the official ...
Naira depreciates at official window as CBN intensifies market intervention
Tuesday, 21st December 2021: The exchange rate between the naira and the US dollar closed at N415.1/$1 at the official ...
