Naira trades at N1,485/$ on Monday as Dollar index falls
The local currency is projected to stabilize within the range of N1,450/$- N1,550/$, although there could be a negative swing ...
Tag: US Dollar
Naira closes week at N1,488/$1, strongest level for any week since January
The naira experienced a significant rebound this week across both the official and parallel foreign exchange (FX) markets.
Naira eyes N1,440 level as Ghana’s cedi, rand take advantage of dollar weakness
The naira is making steady progress in the foreign exchange market, appreciating toward a key monthly support level at N1,440 ...
Naira strengthens to N1,484/$ at official market
The Nigerian currency maintained upside against the American dollar as the United States Central Bank makes an important interest decision ...
Naira settles below N1,500/$ for first time since March
The Nigerian naira surged to a five-month high of N1,497.5/$ at the first trading session of the week in the ...
Naira settles at its highest level since March, break below N1,500/$ barrier
Naira maintained its upward trend, closing at N1,500.91 against the American dollar on the Nigerian Foreign Exchange Market.
Exchange rate: Forex traders say Chinese traders now collecting naira instead of dollars
Forex traders have attributed the recent exchange rate stability to the success of Nigeria’s currency swap agreement with Chinese traders ...
Naira converges, US dollar index gains strength
The naira converged on Monday, as the local currency stabilized in the parallel market while increasing slightly in value in ...
Naira, U.S dollar bow to surging British Pound Sterling
The Nigerian currency fell to the N2135-N2150 bandwidth against a resurging British pound Sterling, which rose to a new high ...
Naira shows stability in informal market, U.S. Dollar maintains upward trajectory
The Naira remained stable in the informal market during the mid-trading session, trading at approximately N1,615–N1,618 per U.S. dollar, while ...
