Random Pagan Verse:
The fool who fancies he is full of wisdom
While he sits by his hearth at home.
Quickly finds when questioned by others .
That he knows nothing at all.

Author Topic: Naira strenghtens further against dollar  (Read 399 times)

Offline mastercode (OP)

  • Global Moderator
  • Hero Member
  • *****
  • Date Registered: Jul 2014
  • Posts: 2482
  • Thanked: 8 times
  • Karma: +0/-0
    • View Profile
    • Naijacrux
Naira strenghtens further against dollar
« on: October 07, 2016, 01:26:00 AM »

The Naira on Thursday, continued to appreciate against the dollar at the three major segments of the Forex market.


 At the interbank market, the naira firmed further against the dollar, gaining 3.53 points to close at N306.71, from N310.24 it posted on Wednesday.

 At the parallel market, the naira gained 2 points to close at N473 to a dollar from N475 posted on Wednesday; while it exchanged at N590 and N515 to the Pound Sterling and the Euro, respectively. Trading at the Bureau De Change (BDC) segment showed that the naira traded at N354, N585 and N515 to the dollar, Pound Sterling and the Euro, respectively.

Traders at the market said that the liquidity challenges at the market appeared to be easing, giving way to the sustained gains of the naira.


 

 

Lagos State is in 1 trillion naira debt - Femi Fani-Kayode

Started by admin

Replies: 0
Views: 487
Last post September 13, 2014, 11:33:59 AM
by admin
Economists urges President Buhari to resist devaluation of the naira

Started by internet police

Replies: 0
Views: 467
Last post November 14, 2015, 07:30:09 PM
by internet police
Nigerian FG move to devalue Naira after removing fuel subsidy

Started by admin

Replies: 0
Views: 297
Last post May 12, 2016, 06:15:43 PM
by admin
Nigerian Naira Appreciates against dollars At 253/$ As Interbank Market Opens

Started by internet police

Replies: 0
Views: 309
Last post June 22, 2016, 01:21:38 AM
by internet police
Nigerian Senate probes scarcity of lower naira denominations

Started by lindaikeji

Replies: 0
Views: 330
Last post February 14, 2018, 12:43:52 AM
by lindaikeji
CBN devalues naira, raises interest rate to 13 per cent

Started by jchima14

Replies: 0
Views: 373
Last post November 25, 2014, 11:58:06 PM
by jchima14
Naira to float in 3-year economic recovery plan

Started by naij

Replies: 0
Views: 345
Last post March 08, 2017, 07:27:10 AM
by naij
Naira closes at N362 as CBN Pumps In $547m in one week

Started by lindaikeji

Replies: 0
Views: 517
Last post September 01, 2017, 09:07:02 AM
by lindaikeji
Naira gains 12.36 % in one week at Parallel market

Started by yungcrux

Replies: 0
Views: 476
Last post March 27, 2017, 01:18:28 AM
by yungcrux
Naira touched down further, hits N390/$1

Started by naij

Replies: 0
Views: 413
Last post March 24, 2017, 03:07:29 AM
by naij