Tag
FOREX
The Naira appreciated marginally against the US Dollar at NAFEX window on Thursday, 18th March, to close at N409.67/$1.
The CBN intervened in the foreign exchange market with sales FOREX to dealers valued at $5.62 billion in Q4 2020.
At at $34.48 billion, the external reserve can now service about 7.9 months of imports of goods and 5.99 months of imports of goods and services.
The Naira depreciated against the US Dollar on Tuesday at the NAFEX window to close at N409.75/$1,
The Naira appreciated against the US Dollar on Monday to close at N408.90/$1 at NAFEX window
Naira appreciated against the US Dollar on Thursday as it closed at N406.50 to a dollar at the NAFEX window.
The Naira depreciated against the US Dollar at the Investors and Exporters window on Friday closing at N410.25/$1.
Nigeria's external reserve has lost $1 billion in the last 23 days.
The exchange rate between the naira and dollar closes at N410/$1 at the official I&E Window
The exchange rate between the naira and the dollar depreciated closing at N404.67/$1 at the NAFEX (I&E Window) on Friday
The exchange rate between the naira and dollar strengthened across official and parallel markets.
The exchange rate between the naira and the dollar appreciated closing at N396.17/$1 at the NAFEX (I&E Window).