Welcome to Street Journal Forum, Our motto is "We Disagree To Agree", you can have an open discussion here on anything, you can respond to Topics freely. Upload pictures you want to share and please invite your friends!

Naira remains unchanged against dollar, others at parallel market

We Disagree To Agree.....Let discuss everything!
Wsj
Posts: 28769
Joined: Fri Apr 15, 2016 8:31 pm

Naira remains unchanged against dollar, others at parallel market

Unread postby Wsj » Fri Jul 07, 2017 11:31 am

The Naira on Thursday retained N365 rate per dollar at the parallel market.

The local currency maintained the same rates as of Wednesday against the major foreign currencies.


Naira exchanged at N468 against Pound Sterling and N412 against Euro at the parallel market.

At the official interbank market, Naira closed at N306 against the Dollar, while the Pound sterling and the Euro traded at N395.59 and N347.38, respectively.

At the Bureau De Change (BDC) window, the local currency closed at N363 to a Dollar, while the Pound and the Euro traded at N465 and N414, respectively.

The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange market, Monday injected the 195 million dollars into various segments of the inter-bank market.

Acting Director, Corporate Communications, Isaac Okorafor said that $100m was offered to authorised dealers in the wholesale window.

Similarly the Small and Medium Enterprises (SMEs) window was allocated the sum of $50m.


Those seeking forex for business and personal travel, tuition and medical bills, among other invisibles, received the sum of $45m.


Credit:Dailypost
Attachments
Naira-Notes2.jpg


vanhealn
Posts: 90049
Joined: Mon Jul 30, 2018 1:42 pm

Re: Naira remains unchanged against dollar, others at parallel market

Unread postby vanhealn » Mon Jan 14, 2019 5:32 pm

Return to “Enter forum disscussion”

Who is online

Registered users: Axstomdz, Baidu [Spider], Denekcic, Google [Bot], RussCerInife, vanhealn

Disclaimer: Opinions expressed in comments are those of the comment writers alone and does not reflect or represent the Publisher's views.

Login · Register

In total there are 51 users online :: 6 registered, 0 hidden and 45 guests
Registered users: Axstomdz, Baidu [Spider], Denekcic, Google [Bot], RussCerInife, vanhealn
Most users ever online was 189 on Fri Nov 02, 2018 9:12 am
Total posts 186781
Total topics 29133
Total members 3851
Our newest member PattyBer
No birthdays today