fmdq exchange

  1. Today's Naira Rate[05-07-2014]:  Nigeria's Naira Appreciates to N1,525/$ in Forex Market Reversal

    Nigeria Today's Naira Rate[05-07-2014]: Nigeria's Naira Appreciates to N1,525/$ in Forex Market Reversal

    Discover the latest on Nigeria's forex market as the naira rebounds to N1,525/$ at the parallel market, ending a three-day decline. Get insights into the currency's fluctuations and impacts post-CBN's market unification. The naira halted its three-day decline against the dollar at the parallel...
  2. Today's Naira Rate[14-06-2014]: Nigerian Naira Falls to N1,485/$ in FX Markets

    Nigeria Today's Naira Rate[14-06-2014]: Nigerian Naira Falls to N1,485/$ in FX Markets

    Nigerian naira depreciates in both parallel and official foreign exchange markets, impacting rates quoted by Bureau de change operators and FMDQ Exchange. Fitch Ratings projects further decline to N1,450/$ by year-end, contingent on ongoing FX reforms and reduced volatility expectations by Q3...
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