Naira

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Naira stable at N363.54/$ in I&E window

Naira stable at N363.54/$ in I&E window

By Elizabeth Adegbesan The Naira, yesterday, was stable at N363.54 per dollar in the Investors and Exporters (I&E) window due to a 151 percent increase in the volume of dollars traded. Data from FMDQ showed that the volume of dollars (turnover) traded yesterday in the window rose marginally by 151 percent to $228.80 million from […]

Naira down to N360.5/$ in parallel market

Naira down to N360.5/$ in parallel market

The Naira, yesterday, depreciated to N360.5 per dollar in the parallel market. According to naijabdcs.com, the live exchange rate platform of the Association of Bureaux De Change Operators of Nigeria (ABCON), the parallel market exchange rose to N360.5 per dollar from N360 per dollar last week Friday, indicating 50 kobo depreciation of the naira.