Tag: Exchange Rate

The exchange rate between the naira and the US Dollar appreciated on Friday, 24th March 2023.

Agusto & Co has predicted a gradual downward adjustment of the official exchange rate to ₦480-500/$ and a simultaneous increase ...

The exchange rate between the naira and the US dollar at the black market appreciated on Friday, 30th December 2022 ...

Now that the exchange rate has appreciated, prices are not falling as quickly, resulting in what is known as price ...

A black market operator said the initial depreciation was caused by panic buying

Market participants tend to protect themselves by preferring to hold dollars under high and persistent inflation environments

The exchange rate between the naira and dollar at the black market has depreciated by about 50% since the CBN ...

As pension funds binge on FGN bonds and treasury bills, they face the risk of pissing away pension fund valuations ...

This is according to information from black market operators interviewed by Nairametrics

The depreciation of the naira has been attributed to increased demand for the dollar amidst continuous shortages