currency rate
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Business Naira Gains 5.2% to 308 As CBN Intervenes
The Naira rose 5.2 percent to 308 against the US dollar on Friday after the Central Bank of Nigeria intervene to support the embattled currency at the interbank market. The naira weakened to 326.25 on Monday, 324.20 on Tuesday against the US Dollar, according to data mined from the Bloomberg...- ProfRem
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Business How Naira Performed This Week [Week 31]
The naira at the inter-bank market traded on low range throughout the week, exactly 31 days after the Central bank of Nigeria removed peg on the nation's currency. The rate at which a naira can get a dollar appreciated on Friday to N319.25k, the highest trading rate for the week. The currency...- ProfRem
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Business Naira Crashes To N286 to US$1, Becomes 3rd Worst Performing Currency
The Naira received its worst bashing last week at both the parallel and official markets, thus signalling more pains for Nigerians. The naira hit a record low of 295.25 on thin trade at the interbank market, a month after the CBN lifted its currency peg, Reuters reported. On Monday morning...- ProfRem
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Business Naira Watch: Tracking Nigeria's Currency [Day 16]
Nigerian Naira, Thursday rose slightly at 283.10 to a US dollar, sixteen official business day after the Central Bank of Nigeria removed peg on the country's currency rate. Nigerian naira gained 0.1% to 282.68 against the USD as of 1.17pm in Lagos, commercial hub for 2nd Day in a roll according...- ProfRem
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Business Naira Watch: Tracking Nigeria's Currency [Day 15]
Nigerian Naira, Wednesday declined at 283.50 to a US dollar, fifteen official business day after the Central Bank of Nigeria removed peg on the country's currency rate. Nigerian naira gained 1.3% to 280.10 against the US Dollar as at 9.45am in Lagos, commercial hub of the country which poised...- ProfRem
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