Dollar rate – Page 8 of 12 – Prime Business Africa

Dollar Rate Depreciates In Black Market Amid CBN’s Controversial Naira Policies

The naira gained against the dollar in the black market on Monday but depreciated in the official market on Friday based on exchange rate data obtained from FMDQ. Prime Business Africa gathered

Fakoyejo Olalekan

1 year ago

Naira Appreciates To N874 In Official Market Amid $2.25bn FX Support

Business·Currency·Top Stories

Black Market Dollar Rate Jumps Amid Scarcity Of New Naira Notes

In the Bureau De Change window of the black market, the dollar maintained its dominance over the naira after appreciating by 1.34 per cent on December 15, 2022. The exchange rate between

Fakoyejo Olalekan

1 year ago

Business·Currency

Dollar Rate Rises As Newly Redesigned Naira Notes Enter Circulation

The foreign exchange (forex) rate between the naira and the United States dollar appreciated in the official and black market on December 14, 2022. Prime Business Africa reports that traders across the

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

Black Market Increases Dollar Rate Amid Probe Of CBN’s Cash Withdrawal Policy

The FMDQ Securities Exchange has revealed that the dollar rate in the Investors and Exporters (I&E) window of the official market rose 0.09 per cent. Prime Business Africa gathered from FMDQ Securities

Fakoyejo Olalekan

1 year ago

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Dollar Rate Falls, As Two Governors Disagree Over CBN’s Cash Withdrawal Limit

On Monday, the naira finally gained against the United States dollar (USD) in the official exchange market, after four days of depreciation in the value of the Nigerian currency. At the end

Fakoyejo Olalekan

1 year ago

Business·Currency

Naira Falls Again, Official Market Traders Increase Dollar Rate

There seems to be no end to the depreciation of naira in the official market, as the dollar rate rises by 0.11 per cent, with traders adding 50 kobo to their asking price

Fakoyejo Olalekan

1 year ago

Forex: Naira Ends Week On Positives Note With N1,431/$ At Official Market

Business·Currency

Dollar Rate Rises Again As CBN Speaks On Cash Withdrawal Limits

The naira continued its free fall on November 8 in the official market of the Investors & Exporters window after the dollar appreciated by 0.03 per cent. According to FMDQ’s exchange rate

Fakoyejo Olalekan

1 year ago

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

Business·Currency

Black Market Increases Dollar Rate, As CBN Reduces Naira Circulation

The naira weakened against the dollar on Wednesday in the black market, as the cost of purchasing the United States currency went up by 4.2 per cent. In the parallel market, the dollar

Fakoyejo Olalekan

1 year ago

Business·Currency·Insights

CBN Sells $9.4 billion Forex In 6 Months To Control Dollar Rate

In the first half of 2022, the Central Bank of Nigeria (CBN) sold $9.4 billion to the foreign exchange market to control dollar rate, despite international creditors advising against such intervention. Why

Fakoyejo Olalekan

1 year ago

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Business·Currency

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

Last week Wednesday, President Muhammadu Buhari unveiled the new naira redesigned by the Central Bank of Nigeria (CBN), opening a new vista of events in Nigeria’s monetary policy management framework. The redesigned

Fakoyejo Olalekan

1 year ago

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Dollar rate - Page 8

Dollar Rate Depreciates In Black Market Amid CBN’s Controversial Naira Policies

Black Market Dollar Rate Jumps Amid Scarcity Of New Naira Notes

Dollar Rate Rises As Newly Redesigned Naira Notes Enter Circulation

Black Market Increases Dollar Rate Amid Probe Of CBN’s Cash Withdrawal Policy

Dollar Rate Falls, As Two Governors Disagree Over CBN’s Cash Withdrawal Limit

Naira Falls Again, Official Market Traders Increase Dollar Rate

Dollar Rate Rises Again As CBN Speaks On Cash Withdrawal Limits

Black Market Increases Dollar Rate, As CBN Reduces Naira Circulation

CBN Sells $9.4 billion Forex In 6 Months To Control Dollar Rate

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

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