USD

  • economyThe naira on Monday exchanged at 446 to the dollar at the Investors and Exporters window.

    Naira gains slightly by 0.11%

    The naira on Monday exchanged at 446 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.11 per cent, compared with the 446.50 it exchanged at the close of business on Dec. 9. The open indicative rate closed at N445.20 to the dollar on Monday. An exchange rate of N450 to the dollar was…

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  • economyYuan strengthens 7.1030 against dollar

    Chinese Yuan strengthens to against USD

    The central parity rate of the Chinese currency Renminbi, or the Yuan, strengthened 26 pips to 6.3658 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate each trading day. The central parity rate…

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  • Finance

    NAFEX: CBN removes N379/$1 exchange rate from website

    The Central Bank of Nigeria (CBN) has removed the exchange rate of N379/$1 from its website homepage conforming with the bank’s policy that the NAFEX rate is now the default reference exchange rate for official and legitimate transactions. Since the Central Bank last adjusted the exchange rate in August 2020, it has retained the exchange rate of N379/$1 on its…

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