Naira drops to N456 at parallel market

Naira’s true worth,Naira gains on the dollar for the first time since March, Naira forwards hit record high as it crashes to N420/dollar in the parallel market, Naira hits N500 to $1 at the forward market, Naira hits N509 to the dollar at forwards market, demand for the U.S dollar climbs up, Naira hits $387.35 to $1 at currency spot market , Naira sells at N456, Nigeria’s Foreign Reserves drop by over $3 billion in Q1 2020, Investors and Exporters (I&E) window, Naira gains against the dollar, CBN close in on currency speculators

Naira it dropped against the dollar today it was selling at N456 to S1 as individuals rush in to meet ...

No let off as Naira depreciates further in FX market, Naira depreciates at Investors & exporters window, forex turnover up by over 117%, Naira drops to N462, as currency liquidity stays thin at the black market

Naira depreciates at I&E window, forex turnover up by over 117%

byChike Olisah

May 19, 2020

0

Naira weakened by N0.33 against the dollar when compared to the N386 to a dollar that it traded on last week ...

Naira strengthens against the dollar at I&E window, closes at N386 to $1

byChike Olisah

May 15, 2020

0

The local currency strengthened by N0.58 against the dollar, compared to the N386.58 to a dollar that it traded on ...

Naira crashes further at the parallel market due to dollar scarcity, lowest since 2017, Naira drops to N454, foreign investors and importers struggle for dollars

Naira drops to N454 against a dollar, as foreign investors, importers struggle for dollars

byOlumide Adesina

May 15, 2020

0

Naira weakened today at the black market as dollar trading at N454 to $1 as demand increased from foreign investors and ...

Banks, Happy Jumping Photo by Val Vesa on Unsplash

Banks text customers to come and buy dollars

byChike Olisah

May 15, 2020

1

These follow recent pronouncement by the CBN that it is ready to provide forex for investors who wish to repatriate ...

Naira drops to N446 to $1 at black market as calls for currency adjustments increases.

byOlumide Adesina

May 13, 2020

0

They believe an adjustment would encourage local producers to be more creative, improve their products, and export these products.

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

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

byChike Olisah

May 12, 2020

0

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

COVID-19 could save naira from depreciating further, Many odds against the naira, Naira forwards and parallel market crash puts pressure on official exchange rate, Naira appreciates to N386.94 to $1 at investor and exporters window. , Naira set for recovery as ABCON issues guideline to members for forex sales resumption, Naira falls against the Euro, British pound sterling but gains against the U.S dollar, Naira falls at black market, dollar liquidity remains relatively low , Forex, Naira drops further at the black market despite appreciating at I&E window

Naira drops to N387.25 at Investor and Exporters window

byChike Olisah

May 9, 2020

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The exchange at the start of the week was N385.33.

forex, Naira appreciates at black market as forex liquidity is boosted with huge dollar supply

Naira depreciates at the parallel market, closes at N437 to $1

byChike Olisah

May 6, 2020

0

Information obtained from Abokifx shows that the local currency depreciated to N437 to a dollar on Wednesday, May 6, 2020, ...

Naira hits N388 to $1 at I&E as IMF dollars boost currency markets

byOlumide Adesina

May 6, 2020

0

The naira was trading at 387.35 to the dollar yesterday at the currency spot market mainly used by foreign investors ...

Tag: Naira