CBN intervenes at the Retail Market with 280.04m US Dollars And 28.3m CNY

By Diutocoinnews

The Retail Secondary Market Intervention Sales (SMIS) received a boost of 280.04 million dollars and 28.3 million Chinese Yuan from the Central Bank of Nigeria (CBN) reports Guardian.ng The bank’s Director, Corporate Communications Department, Mr Isaac Okorafor, made this known in a statement in Abuja on Friday. “CBN also injected CNY 28.3 million in the…

Naira Appreciates to ₦358 In The Parallel Market

By Diutocoinnews

The Dollar To Naira Exchange Market For Investors And Exports Appreciates. Data from FMDQ showed that the naira to dollar exchange rate for the Investors And Exports window dropped to N361.72 per dollar yesterday from N362.58 per dollar on Friday resulting to 86 kobo appreciation of the naira. The appreciation been the result of 21…

NAIRA Dollar Exchange Rate Depreciates To ₦362.42

By Diutocoinnews

The NAIRA dollar exchange rate depreciated to ₦362.42 at the time of right following the DATA from FMDQ. FMDQ showed that the exchange rate for the window rose to N362.58 per dollar on Wednesday from N362.42 per dollar on Tuesday, translating to 16 kobo depreciation of the naira. The volume of dollars traded on Naira…