Tag: forex
Naira bounces 3.0% as NAFEM turnover drops 15.7% WTD to US$980.92...
...In the forwards market, the naira rate decreased across the 1-month (-0.5% to N1,668.65/USD) and 3-month (-0.2% to N1,738.23/USD) contracts
SAT SEPT 14 2024-theGBJournal| Following...
Naira edges higher by 0.3% w/w after a week of stellar...
SAT SEPT 07 2024-theGBJournal|The naira remained resilient against the greenback, appreciating by 0.3% w/w to N1,593.32/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM).
This...
Naira climbs 62bps against the dollar at NAFEM, FX reserves level...
SAT AUG 24 2024-theGBJournal| The naira achieved its highest single-day appreciation (+3.1%) on 21 August since 22 July, when it gained 6.4%, before closing...
Naira gains +2.7% w/w after CBN’s retail Dutch Auction as FX...
SAT AUG 10 2024-theGBJournal|The Retail Dutch Auction by the apex bank on Tuesday helped ease pressure on the Naira by close of Friday's trading,...
FX Reserves touches USD36.80 billion as Naira wobbles down 0.5% w/w
SAT AUG 03 2024-theGBJournal| The naira fell by 0.5% w/w to N1,617.08/USD at the NAFEM, amid the CBN selling USD42.00 million to Authorized Dealers...
Fx reserves eke weekly gain on receipt of first tranche of...
...The naira wobbled further by 2.1% w/w to NGN1,596.92/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM )
...Total turnover at the NAFEM as of...
FOREX| Naira falls 3.5% w/w to NGN1,563.80/USD as FX demand continues...
...Nigeria’s FX reserves expanded further this week, as the gross reserves grew by USD507.09 million w/w to USD35.28 billion (11 July)
SAT JULY 13 2024-theGBJournal|...
FX Market| Nigeria’s FX reserves grows for the fourth consecutive week...
SAT JUNE 29 2024-theGBJournal| The value of the Naira to the dollar weakened by 133 bps week-on-week to print at N1,505.30/$ this week at...
Central Bank of Nigeria sets new rules to enhance local currency...
...These measures are aimed at widening access to local currency liquidity for the timely settlement of Diaspora remittances
TUE JUNE 25 2024-theGBJournal| The Central Bank...
Forex market sees limited intervention by CBN as Naira gains 0.1%...
SAT JUNE 08 2024-theGBJournal| The naira appreciated by 0.1% w/w to N1,483.99/US$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM), as the total turnover...
