naira vs dollar news

Nigeria’s Naira recorded its weakest performance against the United States dollar in two decades, closing the outgone 2019 on an average of N362.60, the worst run since the country returned to democratic rule in 1999. A PREMIUM TIMES analysis of Bloomberg financial data showed that in the …...

Although it is currently under pressure at the Investors and Exporters’ (I&E) foreign exchange window, the naira continues to remain stable at the parallel market, findings by New Telegraph show. Yesterday, the local currency exchanged at N360 to the dollar, the same rate it had largely traded...

Import, hoarding exert pressure on greenback Dollar shortage occasioned by rising demand for the greenback, yesterday sent the Nigerian currency, the naira, crashing to N370 per dollar in the parallel foreign exchange market, the local currency’s lowest level since August 2017. Traders in the...

The Naira, yesterday, depreciated to N364.33 per dollar in the Investors and Exporters (I&E) window even as the volume of dollars traded dropped by 78 percent..... Read more via Vanguard News – https://ift.tt/2AipRMR Get more: Nigeria Business News