Tag: External Reserves
Naira falls 1.2% w/w for month-end as NAFEM turnover climbs 67.1%...
...for the first time in twelve weeks, the country’s FX reserves declined, as the gross reserve level decreased by USD34.92 million w/w to US$40.24...
FX reserves grows by US$63.06 million w/w to US$38.67 billion; Naira...
...Total turnover at the NAFEM as of 10 October decreased by 31.9% WTD to USD880.34 million, with trades consummated within the N1,540.00/USD – N1,650.00/USD...
Naira strengthens after CBN intervention, FX demand pressure remains as FX...
SAT SEPT 28 2024-theGBJournal|The CBN’s consistent effort to support the naira – intervening with USD89.00 million this week – caused the naira to trend...
Naira falls 0.3% w/w with inflows into NAFEM at six months...
...Based on the data obtained from FMDQ, total inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) declined to a six-month low in June
...The...
Naira ends week at N1,466.31/US$; gross reserves level jumps by US$89.76...
SAT MAY 11 2024-theGBJournal|The naira depreciated by 4.5% to N1,466.31/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM), as the total turnover (as of...
Naira slides 4.9% to N1,627.40/US$ at NAFEM amid frail market supply
SAT, MAR 09 2024-theGBJournal|The naira depreciated by 4.9% to N1,627.40/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM) following sustained frail market supply.
NAFEM's total...
FX Watch| Naira value falls 2.4% to N890.54/USD at NAFEM as...
SAT, JAN 13 2024-theGBJournal|The naira value fell by 2.4% to N890.54/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM), with total turnover in the...
FXWatch|Naira falls by 1,854 bps w/w to print at N1099.05/$ at...
SAT, DEC 09 2023-theGBJournal|The value of the Naira to the dollar depreciated by 1,854 bps week-on-week to print at N1099.05/$ this week at the...
FX Watch| Nigeria’s external reserves falls to $33.94 billion, its lowest...
SAT, AUGUST 12 2023-theGBJournal |Nigeria’s FX reserves remained under pressure this week, as the gross reserve decreased by USD44.41 million w/w to USD33.88 billion...
Fx Watch| Naira at N770.17/$ as I&E Window turnover declined by...
SAT, JUNE 24 2023-theGBJournal |The naira depreciated further by 13.9% to end Friday's trading at N770.17/USD at the I&E window (IEW). Midweek, the local...
