HomeTagsParallel Market

Tag: Parallel Market

Naira Appreciates to N1,120 per Dollar at Parallel Market

Naira Appreciates to N1,120 per Dollar at Parallel Market The naira, on Monday, appreciated to N1,120 per dollar at the parallel section of the foreign exchange (FX) market. The current FX rate signifies a decrease of 9.67 percent from the N1,240/$ reported on April 3. Bureau de...

Naira Gains at Parallel Market, Sells for N1,250 per Dollar

Naira Gains at Parallel Market, Sells for N1,250 per Dollar On Monday, the naira appreciated to N1,250 per dollar at the parallel section of the foreign exchange (FX) market. The FX rate is a 0.43 percent increase from the N1,280 recorded on March 29. Currency traders in...

Naira Gains Against Dollar on Parallel Market, Exchanges for N1,400/$

Naira Gains Against Dollar on Parallel Market, Exchanges for N1,400/$ The parallel market has seen the naira strengthen against the dollar, with a buy price of N1,400/$1 quoted for those holding dollars looking to sell. The rise in the naira is due to waning demand,...

Naira Gains Against Dollar on Parallel Market, Exchanges for N1,400/$

Naira Gains Against Dollar on Parallel Market, Exchanges for N1,400/$ The parallel market has seen the naira strengthen against the dollar, with a buy price of N1,400/$1 quoted for those holding dollars looking to sell. The rise in the naira is due to waning demand,...

Naira Gains Marginally, Exchanges for N1,499 per Dollar

Naira Gains Marginally, Exchanges for N1,499 per Dollar The naira gained marginally against the United States dollar on Tuesday, appreciating to N1,499 per Dollar from an all-time low of N1,534/$ on the official Nigerian Autonomous Foreign Exchange Market. This means the naira gained by 2.3 per...

Naira Steadies At Parallel Market at 1,160/$

Naira Steadies At Parallel Market at 1,160/$   The pressure on the foreign exchange (FX) market marginally eased on Tuesday as naira steadied against the United States dollar in the parallel market. According to Aboki FX, the naira sold for N1,160 on Monday and Tuesday respectively. Checks...