Tag: FX Reserves
Naira closes week with less volatility; up 0.1% w/w at NAFEM;...
...In the forwards market, the naira rate was flat at the 1-month (N1,500.00/USD) contract
...Total turnover (as of 13 June) at the market declined by...
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...
Nigeria’s FX reserves diminished by USD502.99 million w/w, Naira crashes to...
SAT APRIL 20 2024-theGBJournal| Nigeria’s FX reserves fell substantially this week, as gross reserves fell by US$502.99 million w/w to a seven-year low of...
Naira jumps 704 bps w/w against the dollar, Nigeria’s gross reserves...
SAT, MAR 02 2024-theGBJournal|The value of the Naira to the dollar strengthened by 704 bps week-on-week by Friday to print at N1,548.25/$ at the...
Naira falls by 2.3% to N1,469.97/US$ as pressure on the currency...
SAT, FEB 10 2024-theGBJournal| The naira depreciated by 2.3% N1,469.97/US$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM) even as the total turnover (as...
Naira gains 1.2% to N891.90/US$ at NAFEM FX but liquidity...
SAT, JAN 27 2024-theGBJournal|The naira appreciated by 1.2% to N891.90/USD on Friday at the Nigerian Autonomous Foreign Exchange Market (NAFEM).
Total turnover (as of 25...
Naira gains 3.0% to N869.39/$ at NAFEM, Fx reserves up US$129.82...
SAT, JAN 06 2024-theGBJournal|Nigeria's FX reserves started the year with an accretion as the gross reserve level increased by USD129.82 million w/w to USD33.04...
FXWatch|Naira falls by 1,854 bps w/w to print at N1099.05/$ 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...
FXWatch|Nigeria’s FX reserve maintained its downward trend, Naira closes week 0.4%...
SAT, NOV 25 2023-theGBJournal|The naira depreciated by 0.4% to N794.89/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM), with the total turnover (23 November...
Turnover at the Autonomous Foreign Exchange Market falls 8.6% WTD to...
SAT, NOV 18 2023-theGBJournal|The naira depreciated by 1.5% to N791.75/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM), with total turnover at the market...