Foreign exchange rate – Page 2 of 3

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Dollar, Pound, Euro Rates Fall 3 Days Straight In Black Market

The dollar rate in the Bureau De Change of the black market fell by N15.4 kobo on Thursday morning, as foreign exchange traders transacted the United States currency at a rate of

Fakoyejo Olalekan

1 year ago

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

Dollar Gains Against Naira, As Foreign Exchange Traders Await CBN’s MPC Decision

On Tuesday, 23 May, the United States Dollar was sold to investors and exporters in the official market at the rate of N464.42 kobo/$1. They were sold the American greenback at N0.92

Fakoyejo Olalekan

2 years ago

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Dollar Sells At N463 In Official Market, Black Market Traders Buy At N759

The Dollar rate was static in the official market, as traders in the investors’ and exporters’ window traded fewer foreign exchange on Friday. At the end of trading, according to data obtained

Fakoyejo Olalekan

2 years ago

Business·Currency

Black Market Operators Buy Dollar At N738, Pound N920, As Official Market Rate Drops

The Dollar was offered to traders in the official market at the rate of N462.33/$1 by the close of business on Friday, 12 May. This is lower than the N462.73/$1 investors and

Fakoyejo Olalekan

2 years ago

Naira Slips Again As Dollar Supply Drops

Business·Currency

Naira To Dollar Rate Closes At N462.23, Foreign Exchange Supply Up By $19.86 million

The Naira and Dollar exchange rate settled at ₦462.23 kobo/$1 at the close of business in the official market on Friday, 5 May 2023. This represents a 0.14 per cent increase in

Fakoyejo Olalekan

2 years ago

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Dollar Weakens As Tinubu Eyes New Exchange Rate For Traders, Investors

The Dollar shed some value to the Naira on Thursday, 4 May, resulting in the Nigerian currency rising by 0.02 per cent, while the cost of the greenback dropped by N0.12 kobo.

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar Rate Increases After $1.58 billion Drop In Foreign Reserves

At the end of trading in the foreign exchange (forex) official market on Wednesday, 3 May, the Naira slumped to the Dollar, as the forex rate closed at ₦463/$1. The Naira failed

Fakoyejo Olalekan

2 years ago

Naira Strengthens To N1,576 As Dollar Supply Rises

Business·Currency

Official Market’s Foreign Exchange Dealers Reduce Dollar Rate

The official market’s foreign exchange rate closed at ₦462.50 kobo on Wednesday, 19 April 2023, as the Dollar loses ground to the Naira. Nigeria’s currency grew in value by 0.16 per cent

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar Falls To Naira, Forex Supply Drops Significantly

The Naira fought back against the Dollar on Monday, 17 April 2023, gaining 0.37 per cent in value, as the cost of the United States currency dropped by ₦1.75 kobo in the

Fakoyejo Olalekan

2 years ago

Business·Currency

Dollar To Naira Exchange Rate: Again, CBN’s Intervention Fails To Save Naira Against Dollar

The United States dollar depreciated in value against the naira on Thursday, after the Bureau De Change (BDC) operator cut the cost of buying $1 in the black market by -0.27 per

Fakoyejo Olalekan

2 years ago

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Foreign exchange rate - Page 2

Dollar, Pound, Euro Rates Fall 3 Days Straight In Black Market

Dollar Gains Against Naira, As Foreign Exchange Traders Await CBN’s MPC Decision

Dollar Sells At N463 In Official Market, Black Market Traders Buy At N759

Black Market Operators Buy Dollar At N738, Pound N920, As Official Market Rate Drops

Naira To Dollar Rate Closes At N462.23, Foreign Exchange Supply Up By $19.86 million

Dollar Weakens As Tinubu Eyes New Exchange Rate For Traders, Investors

Dollar Rate Increases After $1.58 billion Drop In Foreign Reserves

Official Market’s Foreign Exchange Dealers Reduce Dollar Rate

Dollar Falls To Naira, Forex Supply Drops Significantly

Dollar To Naira Exchange Rate: Again, CBN’s Intervention Fails To Save Naira Against Dollar

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