For the first time this week, the naira recovered significantly against the United States dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), the country’s official exchange rate window. The …
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Dollar
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The Nigerian currency, Naira, appreciated against the United States dollar, closing at N791.75/$1 at the official market. According to data from the FMDQ Securities Exchange, the naira rose by 5.87 …
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Economy
Dollar Steady as US Inflation Awaits Report, Yen Retraces Gains
by Iliyasu Nuhuby Iliyasu NuhuThe dollar was broadly steady ahead of a key U.S. inflation report later on Wednesday, though it rose on the yen as traders further digested comments from Japan’s top central …
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The naira depreciated against the dollar on Friday as it exchanged at N778.42 at the Investors and Exporters window. The naira lost by 0.87 per cent compared to the N771.69 …
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Japan and other countries facing the fallout from a soaring U.S. dollar found little comfort from last week’s meetings of global finance officials, with no sign that joint intervention along …
