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Naira Trades in the Mix Bag As Policy Directions from New Administration Drive Sentiments….

Following the policy statement by the new administration on plans to unify the exchange rate and also bring about a moderation in the interest rates as part of efforts geared towards increasing investment and consumer purchasing power in ways to sustain the economy at higher level, the demand level for the greenback eased marginally at | ....

Foreign Exchange Forward , Interbank Foreign Exchange Forward Contracts , Contracts Markets , United State , Brent Crude , Bonny Light , News Analysis ,

Forex Spot Rate At I&E Rise Intraday To N632/$

Pressure on the naira extended from the black market to the official end of the foreign exchange market as the dollar exchanged for as high as N632 to the ....

Cowry Research , Foreign Exchange Forward , Analysts At Cordros Research , Ugo Obi Chukwu , Interbank Foreign Exchange Forward Contracts , Contracts Markets , Cordros Research ,

Naira Weakens Further Across FX Segments as Buy-Pressure Heightens….

Naira Weakens Further Across FX Segments as Buy-Pressure Heightens….
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Foreign Exchange Forward , United State , Interbank Foreign Exchange Forward Contracts , Contracts Markets , Brent Crude , Bonny Light ,

Positive Outing For the Naira Across Market Segments As Dollar Weakens….

It was a positive outing for the naira at the parallel foreign exchange market in the just concluded week, as it appreciated by N1 or 0.27% week on week to close at N739/USD from N738/USD in the previous week. Also, at the investors' and exporters’ FX window, the Naira edged out the United States’ dollar | ....

Foreign Exchange Forward , United State , Interbank Foreign Exchange Forward Contracts , Contracts Markets , Bonny Light , Nairadollar Exchange Rate ,

Naira Trades In the Mix-Bag Across Markets Despite Cash Availabilty....

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Foreign Exchange Forward , Interbank Foreign Exchange Forward Contracts , Contracts Markets , Month Contracts , Bonny Light ,