Naira gains further at official market despite decline in dollar supply
Monday, 6th September 2021: The exchange rate between the naira and the US dollar closed at N411.13/$1 indicating a further ...
Monday, 6th September 2021: The exchange rate between the naira and the US dollar closed at N411.13/$1 indicating a further ...
Monday, 23rd August 2021: The exchange rate between the naira and the US dollar closed at N411.83/$1 at the official ...
Tuesday 17th August 2021: The exchange rate between the naira and the US dollar closed at N411.5/$1 at the Investors and ...
Monday, 9th August 2021: The exchange rate between the naira and the US dollar closed at N411.50/$1 at the official Investors ...
Thursday, 5th August 2021: The exchange rate between the naira and the US dollar closed at N411.25/$1 at the official Investors ...
Since the external reserve started recording consistent positive growth, the reserve has gained $314.7 million in 12 days.
Naira depreciated against the US dollar to close at N411.67/$1 on Tuesday.
Naira appreciated against the US dollar on Thursday, 22nd July 2021 to close at N411.63/$1.
At the parallel market, the naira depreciated against the US dollar at an exchange rate of N506/$1.
If oil earnings continue to dwindle due to India’s oil import cuts, then this will pose a significant challenge for ...