Tag: parallel market
Naira Inches Towards N1000/$1 At Parallel Market
The naira plunged to a record low of N925/$1 on the parallel market yesterday as demand for foreign currency outstripped supply. This ...Naira depreciates to N776.9/$ at I&E window, N793/$ at parallel market
The naira, on Friday, depreciated by 1.87 percent to close at N776.9/$ at the investors and exporters window. Data from FMDQ Securities ...Naira gains, trades N746/$ at parallel market
The naira, on Wednesday, appreciated to N746 per dollar at the parallel section of the foreign exchange market. The figure represents an ...Dollar demand shrinks as naira appreciates to N752/$ at parallel market
The naira has appreciated to N752 per dollar at the parallel section of the foreign exchange market, popularly called the black market. ...Naira exchanges for N740/$ at parallel market amid diaspora dollar inflow
Nigeria’s currency has maintained stability against the U.S dollar at the parallel market for the past week. As reported by The Cable, ...Dollar demand shrinks as Naira strengthens to N740/$ at parallel market
The naira appreciated further against the dollar at the parallel market to trade at N740 per dollar on Friday. The figure, according ...Good news? Naira gains, trades N775/$ at parallel market
The naira has appreciated to N775 per dollar at the parallel section of the foreign exchange market. The figure represents an appreciation ...Forex scarcity bites harder, as Naira hits N742/$ at parallel market
The naira has dropped to a record low of N742 per dollar at the parallel section of the foreign exchange market, popularly ...Dollar hits N600 at ‘black’ market, forex supply shrinks
The dollar exchanged at N600 on Monday at the parallel market, popularly known as ‘Black Market’ heightening fears of a further devaluation ...