A trade of $735.74 million went
through on Nigeria's interbank currency market at 198.45 naira
on Wednesday, ThomsonReuters data showed.
Market sources said a foreign client had sold dollars to a
bank in Nigeria. Total interbank market volumes stood at $1.12
billion on Wednesday, far higher than typical trading sessions
since the central bank introduced a naira peg in February.
The naira traded at 230 to the dollar on the parallel market
on Wednesday.
Subscribe to:
Post Comments (Atom)
Journalists Against Poverty Call for collaboration of regional government in the eradication of Female Genital Mutilation
Regional Coordinator of Journalist Against Poverty, Wale Elekolusi has called for the collaboration of regional government in stamping out ...
-
The National Bureau of Statistics, NBS, says Nigeria's consumer inflation hit 8.5 percent year-on-year in March, up slightly from 8.4 ...
-
The Consumer Protection Council says it will continue to protect the rights of Nigerian consumers and ensure satisfaction in service deliv...
-
Regional Coordinator of Journalist Against Poverty, Wale Elekolusi has called for the collaboration of regional government in stamping out ...
No comments:
Post a Comment