Naira suffers further marginal loss against dollar
The Naira on Friday suffered marginal loss against the dollar at the parallel market in spite of CBN’s intervention at the foreign exchange market.
Naira appreciates to N374/$
The naira Thursday appreciated to N374 per dollar in the parallel market due to weak demand for dollars.
Naira Watch: Naira stable at N375/$
The naira Wednesday remained stable at N375 per dollar in the parallel market.
Naira appreciates to N375/$ as CBN injects $482m
The naira yesterday appreciated to N375 per dollar in the parallel market due to weak demand for the dollars.
Meanwhile the CBN intervened in the inter-bank foreign exchange market by selling $482.6 million.
External reserve falls to $30.5bn as Naira appreciates to N376/$
The nation’s external reserves continued its downward slide for the 20th day as it fell to $30.52 billion Thursday.
Naira stable at N379/$
The naira Wednesday maintained its stability against the dollar at N389 per dollar in the parallel market. The stability defied expectation that the currency will appreciate in response to dollar sale to bureaux de change (BDCs) by the Central Bank of Nigeria (CBN). On Tuesday the apex bank sold $20,000 to each of the 3145 […]
