Daily forex turnover hits $1.4 billion on NAFEM, highest ever
Daily Forex Turnover hits $1.4 Billion on NAFEM official forex market, highest ever as External Reserves reach $40 Billion
Tag: Forex turnover
Naira rebounds below N1,600/$1 after three-day decline on official market
The naira made a notable recovery in the official market on September 6, 2024, closing at N1,593.32/$1, marking a 2.89% ...
Forex turnover drops to lowest since January as naira settles above N1,600/$1
The forex turnover on the FMDQ, where the exchange rate trades officially, closed at a turnover of just $61.9 million, ...
FX turnover surges by 231.99% as CBN raises N1.16 trillion from OMO bill auction
Nigeria’s foreign exchange market has seen the turnover on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window surge by an ...
Naira snaps 4-day winning streak, falls to N1,485.66/$1 on Thursday
The Naira has lost its four-day winning streak, depreciating by 1.55% to close at 1485.66/$1 on the official market on ...
Naira continues decline at official window, rebounds by 2.14% at parallel market
The Nigerian naira continued its downward trend against the US dollar at the official exchange window, closing at N1,309.88 on ...
Naira dips to N1,450 in rapid decline, 8.28% drop during trading hours
The naira experienced a decline on Thursday afternoon, falling to N1,450 per dollar in the parallel market.
Forex turnover falls 56.17% to $203 million despite CBN’s current policies
Forex turnover dropped by 56.17% to $203 million as the Nigerian naira gained against the dollar marginally on Wednesday, February 7th, 2024 at ...
Daily forex turnover fail to cross $300 million since FX Unification was announced
In Nigeria, the forex turnover in the official foreign exchange market has struggled to reach the $300 million mark, a ...
Exchange rate falls as forex turnover drops to $49.24 million, a 2-month low
The exchange rate between the naira and the US dollar closed at N420.25/$1 at the Investors and Exporters (I&E) window.
