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Farooq

Posts Tagged "interbank"

HomePosts Tagged "interbank"

The Naira on Thursday, continued to appreciate against the dollar at the three major segments of the Forex market. At the interbank market, the naira firmed further against the dollar, gaining 3.53 points to close at N306.71, from N310.24 it posted on Wednesday. At the parallel market, the naira gained 2 points to close at […]

  • dollar to naira

LAGOS, June 27 (Reuters) – Nigeria’s central bank asked for bid-offer quotes from currency traders on Monday as it sold dollars on the interbank market to boost liquidity, traders said. After abandoning the naira’s 16-month old exchange rate peg a week ago, the central bank sold dollars at an auction to clear a backlog of […]

  • CBN

LAGOS, June 24 (Reuters) – Nigeria’s central bank sold dollars on the interbank market for the fifth consecutive day to ease dollar shortages after it floated the currency earlier this week, traders said on Friday. The naira traded at 281.75 to the dollar at 1216 GMT, on volumes of $28 million, which traders attributed to central […]