Tag: Naira crashes to N1

  • Naira crashes to N1,700 against dollar in black market

    Naira crashes to N1,700 against dollar in black market

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    by

    Olumide Akinrinlola
    in

    The naira depreciated against the dollar at the foreign exchange market to end the week on a negative note. FMDQ data showed that the naira weakened to N1641.27 per dollar on Friday from N1622.57 exchanged on Thursday, recording N18.7 loss. Meanwhile, the black market remained flat at N1700 per dollar on Friday, the same exchange…

  • Naira crashes to N1,700 in parallel market

    Naira crashes to N1,700 in parallel market

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    by

    Olumide Akinrinlola
    in

    The Naira on Friday, depreciated to N1,700 per dollar in the parallel market from N1,675 per dollar on Thursday. However, the Naira appreciated to N1,540.78 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,540.78 per dollar from N1,576.1 per dollar…

  • Naira crashes to N1,615 in parallel market

    Naira crashes to N1,615 in parallel market

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    by

    Olumide Akinrinlola
    in ,

    The Naira yesterday depreciated to N1,615 per dollar in the parallel market from N1,610 per dollar on Monday. However, the Naira yesterday appreciated to N1,594.27 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,594.27 per dollar from N1,596.6 per dollar…

  • Naira crashes to N1,600/$ in parallel market

    Naira crashes to N1,600/$ in parallel market

    —

    by

    Olumide Akinrinlola
    in

    The Naira yesterday depreciated to N1,600 per dollar in the parallel market from N1,590 last weekend. However, the Naira yesterday appreciated to N1,607.15 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,607.15 per dollar from N1,617.08 per dollar last week…