Tag: OVERNIGHT RATE
FX Watch | Naira plunges by 1.7% against the dollar and...
SAT, JUNE 10 2023-theGBJournal |Nigeria’s FX reserves declined further this week, as the gross reserves level declined by N137.97 million w/w to N34.88 billion...
FX Watch|Nigeria’s FX reserves falls by $112.75 million w/w, draging...
SAT. 10 DEC, 2022-theGBJournal| This week, Nigeria’s FX reserves remained pressured, declining by USD112.75 million w/w to USD36.96 billion (December 08).
As a result, the...
Fx Watch| Nigeria’s Fx reserves dips by US$141.14 million w/w, Naira...
SAT, 12 NOV, 2022-theGBJournal| Nigeria’s FX reserves sustained its decline for the tenth consecutive week, falling by US$141.14 million w/w to US$37.22 billion (10...
FX Market| Naira sells for N870/$ at the parallel market as...
SAT, 05 NOV, 2022-theGBJournal| This week, Nigeria’s FX reserves maintained its decline for the ninth consecutive week, falling by US$101.78 million w/w to US$37.37...
FX Watch| Naira trades at N708/$, I&E window total turnover...
SAT, 10 SEPT, 2022-theGBJournal| Nigeria’s FX reserves dipped after three consecutive weeks of accretion, falling by US$81.74 million w/w to US$38.92 billion (as of...
Fx Watch| Nigeria’s fx reserves gains $22.35 after four weeks of...
SAT, 20 AUG, 2022-theGBJournal| Nigeria’s FX reserves increased after four weeks of decline, rising by USD22.35 million w/w to USD38.91 billion (17 August).
Across...
Markets Wrap| Illiquidity drives sell-offs in T-Bills market as yield settles...
SAT, 30 JULY, 2022-theGBJournal| Bearish sentiments continued to dominate the Treasury bills secondary market this week as illiquidity in the financial system drove sell-offs...
Markets Wrap| Naira drops to N710/$ as FX scarcity persists, system...
WED, 27 JULY, 2022-theGBJournal| The naira appreciated by 0.2% to N430.00/USD at the I&E window but skidded down to as low as N710/US$ at...
Markets Wrap| DMO to offer instruments worth N240bn in coming week,...
SAT, 16 JULY, 2022-theGBJournal| This week, the overnight (OVN) rate was flat at 14.0% as the funding conditions in the system remained tepid, averaging...
Markets Watch| Banking system liquidity closes week in a net short...
SAT, 09 JULY, 2022-theGBJournal| The overnight (OVN) rate was unchanged at 14.0%, as the funding conditions in the system deteriorated further, with system liquidity...