Naijacrux News:Welcome to Naijacrux Online Forum..Great Place To Get Tips Facts Updates and More ,Interact Discuss & Learn With Others !!.remember to register to enjoy much more update!!!New Updates From Naijacrux -Naijacrux Is Now Mobile Friendly - Download Our Android App On Our Forum Rules And Announcement Section.Our App Will be Live On Google Playstore And IOS Store Soon Aswell - CLICK HERE TO DOWNLOAD NAIJACRUX ANDROID APP !!! Dear Guest And Naijacrux Dedicated Members,!!! ,  You Can Now Receive Naijacrux Weekly New Post and Updates Via Email by Subscribing To Our Newsletter Using The Subscribe Button Above The Naijacrux Announcement And Discussion At The Top Home Page!!Never Miss A New Post And Updates Again.!Thank You.  !!!YOU ARE WELCOME TO NAIJACRUX INFORMATIVE LEARNING AND INTERACTIVE FORUM.This Website is an Intensive Forum of Learning We recommend you Register & Login to Enjoy much free stuffs ::>>Also remember to Update your Profile Immediately after registration. Thank you!>>>!!!!To All Advertisers And Patronizers, kindly Send Mail To [email protected] For adverts Placement. thanks!!!


Author Topic: Naira strengthens against US dollar at parallel market  (Read 1725 times)

0 Members and 1 Guest are viewing this topic.

Offline admin

  • Administrator
  • Hero Member
  • *****
  • Posts: 1387
  • Karma: +0/-0
Naira strengthens against US dollar at parallel market
« on: December 30, 2015, 11:46:56 PM »
Advertisement

The naira on Wednesday strengthened against the dollar as currency speculators feared that the apex bank might come up with policies that might be unfavourable to them in 2016.

The News Agency of Nigeria reports that the naira gained N1, an appreciation of 0.4 per cent, to exchange at N226 to the dollar as against its previous value of N227.

However, at the official inter-bank window, the naira continued to exchange at N197 to the dollar just as available apex bank?s record puts the price of crude oil at 36.09 dollars.


Traders at the parallel market told NAN that the appreciation was fuelled by currency speculators.

They envisaged that the apex bank might come up with policies that would affect them negatively in the New Year.


 

 

different types of stock - The stock market

Started by mastercode

Replies: 0
Views: 1945
Last post June 30, 2015, 12:12:13 PM
by mastercode
NNPC yet to meet crude supply target under Naira-for-crude deal ? Dangote Refinery

Started by gurusforum

Replies: 0
Views: 7846
Last post November 25, 2024, 09:05:11 AM
by gurusforum
Nigerian stock market continues downward trend as investors count loses

Started by Postmaster

Replies: 0
Views: 4036
Last post March 07, 2025, 09:13:41 AM
by Postmaster
Nigerian stock market recorded significant gain of N987 billion

Started by newpostng

Replies: 0
Views: 3739
Last post January 01, 2025, 09:03:05 AM
by newpostng
US stock market ends 2025 on a high note after volatile year

Started by legendguru

Replies: 0
Views: 89
Last post December 31, 2025, 11:06:06 PM
by legendguru