NAIRA DOWN TO N362.03/$ IN I&E WINDOW

 In Investor News

The Naira yesterday depreciated to N362.03 per Dollar in the Investors and Exporters (I&E) window. Naira Data from FMDQ showed that the indicative exchange rate for the window rose to N362.03 per Dollar from N361.87 per Dollar on Tuesday the 12th of February translating to 16 kobo depreciation of the Naira.

Despite the depreciation, the volume of Dollars traded rose by 70 percent. The volume increased to $224.84 million from $131.99 million on Tuesday. However, the Naira, yesterday, remained stable at N358 per Dollar in the parallel market.

https://www.vanguardngr.com/2019/02/naira-down-to-n362-03-in-ie-window

Recent Posts

Leave a Comment

Contact Us

Please send us a mail. We'll respond to you shortly.

Not readable? Change text. captcha txt

Start typing and press Enter to search