Tag
NAFEX
Naira appreciated against the US dollar on Friday from N411.63/$1 recorded on Thursday, 23rd July 2021 to N411.5/$1.
Naira appreciated against the US dollar on Thursday, 22nd July 2021 to close at N411.63/$1.
Naira depreciated against the US dollar on Monday, 19th July 2021 to close at N411.67/$1.
Naira appreciated against the US dollar on Monday, closing at N411.5 to a dollar, representing a 0.06% gain.
At the parallel market, naira fell against the US dollar to close at N505/$1.
Nigeria’s external reserve rose by $2 million on Wednesday to stand at $33.120 billion, the first increase in over 11 weeks.
Naira remained stable against the US dollar on Wednesday to close at N411.45/$1 at the I&E window.
Naira depreciated against the US dollar on Tuesday, having lost 32 kobo to close at N411.45/$1.
The local currency gained against the dollar at the official market as Brent crude sailed past $77 per barrel for the first time in about 3 years.
Nigeria's external reserve continues to plunge, as it heads to its lowest position in four years and a year-to-date decline of over $2 billion.
The exchange rate also depreciated against the US dollar at the parallel market to close at N503/$1 compared to N502/$1 recorded on Tuesday.
The naira remained stable at the parallel market as it closed at N502 to a dollar on Tuesday.