Official market Dollar rate

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

CBN-backed Official Window Record Increase In Dollar Rate, USD Falls In Black Market

The price of the United States currency, the dollar, was increased by N24.53 kobo in the Investors’ and Exporters’ window of the official market on Thursday. In a report obtained from the FMDQ Exchange, the dollar rate rose to N762.71/$1 at the

September 1, 2023

Business·Currency

Official Market Records Decline In Dollar Rate, Trade Flat In Black Market

The FMDQ Exchange reported on Wednesday that the price of the United States Dollar (USD) dropped by N37.16 kobo to N738.18/$1 in the Investors’ and Exporters’ window. It was learnt that the exchange rate between the naira and the dollar was brought

August 31, 2023

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Authorised Dealers Increase Dollar Rates In Black Market, Official Window

The official market aggregator, FMDQ Exchange, reported that the naira to dollar exchange rate closed at N772.12/$1 in the Investors’ and Exporters’ (I&E) window of the official market on Monday. According to the report, the authorised dealers raised the exchange rate between

August 29, 2023

Naira Opens Week With Gain Across FX Markets

Business·Currency

Dollar Sells At N778/$1 In CBN-backed Official Window, Stabilises In Black Market

In the Investors’ and Exporters’ window of the official market on Friday, the United States Dollar (USD) rate closed at N778.42/$1, up from N771.69/$1 reported on Thursday. This is according to the FMDQ Exchange, the official market aggregator, which also revealed that

August 28, 2023

Business

Black Market Dollar Rate Hits N874/$1, Official Window Rate Rises

The naira depreciated in value by 2.94 per cent in the Investors’ and Exporters’ window after the dollar rate rose to N761.32/$1 at the close of trading on Monday. It was learnt that the authorised dealers in the official market increased their asking price

August 22, 2023

Business·Currency

Dollar Rate Up In Official Window, Hits N874/$1 In Black Market

The naira depreciated in value by 2.94 per cent in the Investors’ and Exporters’ window after the dollar rate rose to N761.32/$1 at the close of trading on Monday. It was learnt that the authorised dealers in the official market increased their asking price

August 22, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Black Market Dollar Rate Rises, Official USD Hits N757.51

The official market exchange rate between the dollar and the naira closed at N757.51/$1 on Tuesday, as the Nigerian currency appreciated by 2.22 per cent. This indicates the price for the United States currency dropped by N17.27 kobo at the end of

August 9, 2023

Business·Currency

CBN-backed I&E Window Reduces Dollar Rate, Black Market Sellers Hike Price

The price of the United States Dollar was reduced by N33.43 kobo at the end of trading in the official market on Friday, as it closed at N743.07/$1. Prime Business Africa gathered that the reduction in the dollar rate showed the naira

August 7, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar Rate Falls To N741/$1, Trades Above N800 In Black Market

The dollar rate in the official market depreciated by N47.44 kobo to N741.64/$1 on Wednesday, from the previous day’s N789.08/$1 rate. According to FMDQ Exchange, the dollar also went on sale for N700/$1, the lowest rate for the day, and N804/$1, the

August 3, 2023

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Naira To Dollar Rate Hits N792/$1, Black Market Price Up N23

The naira to dollar rate traded as high as N855/$1 on Monday, and as low as N650/$1 in the Investors’ and Exporters’ window of the official market. However, at the close of trading, the United States currency drew the curtain at N792.04/$1,

July 25, 2023

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CBN-backed Official Window Record Increase In Dollar Rate, USD Falls In Black Market

Official Market Records Decline In Dollar Rate, Trade Flat In Black Market

Authorised Dealers Increase Dollar Rates In Black Market, Official Window

Dollar Sells At N778/$1 In CBN-backed Official Window, Stabilises In Black Market

Black Market Dollar Rate Hits N874/$1, Official Window Rate Rises

Dollar Rate Up In Official Window, Hits N874/$1 In Black Market

Black Market Dollar Rate Rises, Official USD Hits N757.51

CBN-backed I&E Window Reduces Dollar Rate, Black Market Sellers Hike Price

Dollar Rate Falls To N741/$1, Trades Above N800 In Black Market

Naira To Dollar Rate Hits N792/$1, Black Market Price Up N23

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