Naira appreciates to 360.20/$ in Import & Export window

Date:

Nigeria’s Naira, yesterday, appreciated for the first this week by 80 kobo to N360.20 per dollar, in the Investors and Exporters (I&E) window of the foreign exchange market.

Thank you for reading this post, don't forget to subscribe!

Naira liquidity Data from the Financial Market Dealers Quote (FMDQ) showed that the indicative exchange rate for the I&E window dropped to N360.20 per dollar yesterday, from N361 per dollar on Wednesday, indicating an 80 kobo appreciation in the naira.

This appreciation was in spite of the 30 percent decrease in the volume of dollars traded in the I&E window yesterday.

The turnover recorded in the window stood at $270.04 million, down from $387.79 million recorded Wednesday. Naija247news revealed that naira remained stable at N362 per dollar yesterday for the eight consecutive business day in the parallel market.

Naija247news
Naija247newshttps://www.naija247news.com/
Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

Share post:

Subscribe

Popular

More like this
Related

“Zack Orji survived two brain surgeries” – Emeka Rollas gives update

March 28, 2024. Azonuchechi Chukwu. The national president of the Actors...

Sokoto kidnap victim who spent 96 days in bandits’ captivity dies after regaining freedom

March 28, 2024. Azonuchechi Chukwu. A kidnap victim, Salisu Iliyasu Takakume,...

Thirteen Residents Arrested For Failing To Use Pedestrian Bridge in Lagos

March 28, 2024. Azonuchechi Chukwu. Thirteen residents in Lagos state have...

Dangote budgets N15bn for food intervention across Nigeria

March 28, 2024. Azonuchechi Chukwu The Aliko Dangote Foundation, (ADF) has...
Social Media Auto Publish Powered By : XYZScripts.com

Discover more from Naija247news

Subscribe now to keep reading and get access to the full archive.

Continue reading