FX Market

Again, Naira strengthens against dollars

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Again, Naira strengthens against dollars

Again, Naira strengthens against dollars …C0NTINUE READING HERE >>> The naira continued its appreciation against the dollar in the official foreign exchange market on Monday. According to FMDQ data, the naira gained N3.21, trading at N1,570.99 per dollar on Monday compared to N1,574.20 on Friday.   This reflects a modest gain of N3.21 against the … Read more

Naira strengthens despite hunger Protests, gains N42.88 against Dollar

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Naira strengthens despite hunger Protests, gains N42.88 against Dollar

Naira strengthens despite hunger Protests, gains N42.88 against Dollar …C0NTINUE READING HERE >>> The Naira appreciated by N42.88 against the dollar in the foreign exchange market on a week-on-week basis, following the Central Bank’s introduction of the Retail Dutch Auction System (RDAS). This data comes from FMDQ over the past seven days. On Friday, August … Read more