Forex Market Archives | Nairametrics

Corporate Press Releases3 weeks ago

CBN injects fresh $51.8m into FX Markets

The CBN is looking to boost the value of the naira and thus strengthen the economy of the country.

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

Currencies4 months ago

Naira depreciates against dollar at I&E forex window, dollar supply up by 14.52%

The exchange rate at the I&E window is different from the CBN’s published exchange rate.

Naira remains stable at the black market, Brent crude moves past $40 per barrel

Currencies4 months ago

Naira drops at the parallel market despite gaining at I&E forex window

The naira was strengthened on Wednesday as it appreciated to N386.94 to a dollar at the Investors and Exporters (I&E) window, after the day’s trading session

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%

Currencies4 months ago

Naira gains at the parallel market as local currency strengthens across forex markets

The naira made a rebound in the foreign exchange market as it gained against the dollar at the parallel market.

Global stocks tumble on "corona" sell off, BLOODY WEEKS: Coronavirus cost investors N1 trillion, triggers devaluation fears, Global Market Summary on Tuesday, Analysis: The economy is crashing, avoid falling knives,, Debt crisis looms in emerging markets,Debt crisis looms in emerging markets

Markets5 months ago

Mixed trends trail Nigerian markets

Funding rates to hover around current levels next week barring any significant flows.

Naira drops again at the black market as exchange rate unification plans intensify, Naira falls against the dollar across forex markets as liquidity drops by 43% , Naira falls big at the black market as demand pressure persists

5 months ago

Naira appreciates to N386.94 against dollar at I&E window

The Naira has appreciated to N386.94 against the US dollar at the Investor and Exporters (I&E) window.

Business News7 months ago

Naira depreciates to N410 per dollar as local currency weakens

Naira, Unify exchange rates to foster economic growth – NISER , OFFICIAL: Banks charge N368 per dollar for debit card transactions

Business News8 months ago

Speculators strike as exchange rate falls to N366/$1

Speculators strike as exchange rate falls to N366/$1, stocks lose another N1 trillion.

Business News1 year ago

FG’s domestic debt servicing cost hit N1.7tn in 2018

A CBN report has revealed that the serving of domestic debt instruments cost the Federal Government a whopping N1.799 trillion in 2018.

Blurb2 years ago

CBN’s intervention in FX market hit $39 billion in 2018

The Central Bank of Nigeria (CBN)stabilized the Naira in 2018 by injecting $39.9 billion into the foreign exchange market (Forex). This is according to the CBN Q4...