Tag: Naira

The loss was marginal.

Dollar rose briefly on Tuesday.

The Nigerian currency gained two points to exchange at N365 to the dollar.

Dollar exchanged for N363 at the parallel market.

The Central Bank did not specify the amount of dollars to be sold.

The dollar trades to naira at an average of N375.

The Naira closed at N383 to a dollar at the parallel market.

The naira was exchanged at N305.6 to the dollar at the interbank.

Authorized forex dealers have not been able to clear the dollars supplied by the CBN.

Naira lost only one point.

The Nigerian currency traded between N380 (buying rate) to N385 (selling rate) on Monday.

The bank says there is no country that floats its currency by just leaving it to the dictates of the ...

At the Bureau De Change segment, the naira closed at N362 to the dollar.

The naira appreciated from the N410 it posted at the segment on Friday.

The bureau de change union says politicians are stashing huge amounts of dollars.

This was in spite of the CBN’s intervention at the interbank market and Bureau De Change (BDC) window.

Trading at the interbank window saw the Naira close at N306.2 to the dollar.

The agency flayed Nigeria’s economic recovery plan

The gain followed a fresh injection of funds by the CBN on Monday.

“…every Currency that comes down by FORCE will go up," the former minister said.

Trading at the interbank market saw the naira close at N306.3 to the dollar.

Black market naira, which has firmed 17 percent since last month, eased 1.8 percent to 390 naira.

CBN directs banks not to sell dollars for an amount beyond N360.

The Naira traded at N440 last Monday while it closed at N390 to the dollar on Friday.

CBN-licenced BDCs would incur regulatory losses of N130 million this week.