Naira
Currency dealers in the official markets quoted the US dollar at a high of N1,691 per dollar and a low of N1,540 as the naira reversed its two-day gain.
Mixed reactions have trailed APC chieftain Joe Igbokwe's question about the depreciation of the Naira occasioned by President Tinubu's economic policies.
Nigerian currency has appreciated against the dollar in both the official and parallel foreign exchange markets following the CBN's decision to inject more forex.
The naira depreciated to N1,700 per dollar at the parallel section of the foreign exchange (FX) market on Friday, signaling continued woes for the Nigerian currency.
The Central Bank of Nigeria has announced another dollar sale to Bureau de Change operators and has set a strict selling exchange rate for Nigerians.
The Nigerian currency has appreciated significantly against the dollar, British pound, and euro in the foreign exchange market after the CBN's intervention.
The Central Bank of Nigeria has made adjustments to the dollar exchange rate used for cargo clearances at Nigeria's ports as the naira free fall continues.
The Nigerian currency, the naira has plummeted to an all-time low in the official market and a seven-month low in the parallel market on September 25, 2024.
The Nigerian Autonomous Foreign Exchange Market (NAFEM) witnessed a surge of forex in August, resulting in a massive turnover of $9.9 billion in August 2024.
Naira
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