MarketForces AfricaThe Naira closed the week with a slight loss at the official market, trading at N1,343.63 per U.S. dollar, according to daily data published by the Central Bank.
https://dmarketforces.com/naira-dips-vs-dollar-liquidity-lags-foreign-payments/
The Naira closed the trading session in the positive territory at the Nigerian Foreign Exchange Market (#NFEM), appreciating by 11bps or ₦1.44 against the U.S. dollar.
https://dmarketforces.com/exchange-rate-today-naira-strengthens-to-n1342-per-dollar/
The Nigerian local currency, the naira, surged to N1,356 per dollar as interbank turnover and total currency bought and sold at the official window increased.
https://dmarketforces.com/naira-surges-to-n1356-as-nfem-interbank-turnover-climbs/
The Nigerian local currency, the naira, maintained its position in the foreign exchange (#FX) market against the dominant US dollar on Friday, with the official rate closing at N1,359.
https://dmarketforces.com/naira-holds-well-against-us-dollar-closed-at-n1359/
The naira appreciated against the US dollar on Wednesday, trading at N1371 as the Central Bank’s daily FX publication showed a sharp increase in interbank FX deals.
https://dmarketforces.com/naira-gains-n15-interbank-fx-deals-increase-sharply/
The naira’s official rate weakens due to FX liquidity shortages, as data from the Central Bank showed a sharp decline in interbank turnover and fewer deals.
https://dmarketforces.com/naira-official-rate-weakens-as-foreign-reserves-pull-back/
The naira dipped against the US dollar at the Nigerian foreign exchange market (NFEM), with the official rate closing at N1,380, data published by the Central Bank revealed.
https://dmarketforces.com/naira-dips-to-n1380-as-nfem-interbank-turnover-slides/
The naira dipped against the US dollar at the Nigerian foreign exchange market (NFEM), with the official rate closing at N1,380, data published by the Central Bank revealed.
https://dmarketforces.com/naira-dips-to-n1380-as-nfem-interbank-turnover-slides/
The naira halted two days of depreciation on Wednesday, gaining 0.58% to ₦1,378.70/$ at the official window as foreign payment pressures eased from N1386 per dollar.
https://dmarketforces.com/naira-surges-on-forex-market-supply-boost/
The naira maintained a downtrend against the US dollar for the second trading session at the Nigerian foreign exchange market (NFEM) on Tuesday. There are signs that the forex market’s liquidity shrank
https://dmarketforces.com/naira-depreciates-as-interbank-deals-sink-on-fx-shortage/
