Naira

Naira down to 360.75/$ at NAFEX

Naira down to 360.75/$ at NAFEX

The Naira, yesterday, depreciated to N360.52 per dollar in the Investors and Exporters (I&E) Foreign Exchange, forex Window. Data from the Financial Market Dealers Quote, FMDQ, showed that the indicative exchange rate for the I & E Window, known as Nigerian Autonomous Foreign Exchange, NAFEX,  dropped  to N 360.75 per dollar, yesterday, from  Friday’s rate   which  stood  at N360.21 per dollar. This indicates a 54 kobo depreciation of the Naira.
Visible Articles 5 10 15
Naira Watch: CBN lifts Naira with $250m

Naira Watch: CBN lifts Naira with $250m

THE Naira yesterday received a major boost as the Central Bank of Nigeria (CBN) injected $250 million into various segments of the interbank foreign exchange market.

Naira appreciates as CBN injects $297m

Naira appreciates as CBN injects $297m

The naira, yesterday, further appreciated in the parallel market even as the Central Bank of Nigeria (CBN) injected $297 million into the interbank foreign exchange market.

Naira closes at N362 as CBN injects $547m in one week

Naira closes at N362 as CBN injects $547m in one week

In anticipation of Sallah holiday, the Central Bank of Nigeria (CBN) on Thursday raised the total intervention for the week to 547 million dollars as against 195 million dollars offred the previous week.