Home Tags Forex

Tag: forex

FX Market| Nigeria’s FX reserves grows for the fourth consecutive week...

0
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...

0
...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%...

0
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...

As the CBN sustained its intervention the Naira fell 0.2% at...

0
SAT JUNE 01 2024-theGBJournal|The naira appreciated to a month high of N1,173/USD on 28 May before closing the week at N1,485.99/USD (-0.2% w/w) at...

Nigeria’s FX reserves up US$195.01 million to US$32.64 billion as Naira...

0
SAT MAY 18 2024-theGBJournal|The value of the Naira to the dollar weakened by 212 bps week-on-week to print at N1,497.33/$ this week at the...

Analysis| Fair value and the Naira

0
...How do we measure fair value? There are many ways, but here we focus on just one, the inflation differential TUE MAY 14 2024-theGBJournal|Currencies do...

Naira ends week at N1,466.31/US$; gross reserves level jumps by US$89.76...

0
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...

Nigeria’s FX reserves settle higher as Naira value tumbles 457 bps...

0
SAT MAY 04 2024-theGBJournal|The value of the Naira to the dollar weakened by 457 bps week-on-week to print at N1,400.40/USD this week at the...

NGX All-Share Index closes 1.39% w/w down as Naira plumets by...

0
...Nigeria’s FX reserves paused the five-week descent as the gross reserves level increased by US$10.76 million to US$32.12 billion (24 April). SAT APRIL 27 2024-theGBJournal|Over...

Nigeria’s FX reserves diminished by USD502.99 million w/w, Naira crashes to...

0
SAT APRIL 20 2024-theGBJournal| Nigeria’s FX reserves fell substantially this week, as gross reserves fell by US$502.99 million w/w to a seven-year low of...