MarketForces AfricaThe 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/
The naira dropped by 0.22% to ₦1,383.58 per dollar at the Nigeria foreign exchange market (NFEM) as intrabank turnover reduced, according to data published by the Central Bank on Monday.
https://dmarketforces.com/naira-drops-to-n1383-nfem-interbank-turnover-reduces/
The naira showed significant resilience and appreciation in the foreign exchange market, rising by 0.24% to ₦1,380.58 per dollar at the Nigerian foreign exchange market (NFEM).
https://dmarketforces.com/naira-rallies-market-wide-on-robust-fx-liquidity/
The naira showed significant resilience and appreciation in the foreign exchange market, rising by 0.24% to ₦1,380.58 per dollar at the Nigerian foreign exchange market (#NFEM).
https://dmarketforces.com/naira-rallies-market-wide-on-robust-fx-liquidity/
The naira gained momentum against the US dollar in Nigerian foreign exchange markets, signalling a welcome relief as pressures from international settlements and import payments ease.
https://dmarketforces.com/naira-gains-as-pressures-from-foreign-payments-ease/
The naira weakened against the US dollar, trading at N1,420 per dollar in the informal foreign exchange market as of Thursday. Over the past 24 hours, the local currency has lost N5...
https://dmarketforces.com/naira-falls-at-informal-fx-segment-over-dollar-shortage/
The naira exchange rate gap between the official and informal segments widened to N28 on Wednesday, as the local currency continues to swing on both sides depending on FX liquidity.
https://dmarketforces.com/official-parallel-markets-fx-gap-widens-as-naira-swings/
The naira advanced against the US dollar (USD) at the official window on Tuesday, according to daily FX data published by the Central Bank, reflecting the absence of pressures in the currency market.
https://dmarketforces.com/naira-advances-against-usd-fx-reserves-drop-again/
The naira pulled back sharply against the US dollar at the Nigerian foreign exchange market (#NFEM) as foreign reserves recorded its fifth outflow for international payments on Monday.
https://dmarketforces.com/naira-drops-sharply-amidst-successive-fx-reserves-outflow/
