News
BREAKING: Naira Vs Dollar Exchange Rate Opens Week At N1380 At Parallel Market
BREAKING: Naira Vs Dollar Exchange Rate Opens Week At N1380 At Parallel Market—The exchange rate between the Naira and the Dollar is being quoted as high as N1,380/$1 at the parallel market, a weakening from the N1,280/$1 recorded over the weekend.
This information was shared by operators who spoke to Nairametrics.
The exchange rate strengthened toward the weekend from a month-to-date high of over N1,450/$1 following the sale of forex to BDC operators by the CBN.
However, operators suggest that a demand surge on Monday forced the Naira to take another hit in early hours trading.
Meanwhile, the official exchange rate also weakened to N1,339/$1 on Friday, the lowest in a month, as demand pressures continue to mount.
This is a developing story…
Related
-
News3 days ago
The Funniest Man in America: Real Cause Of Comedian James Gregory’s Death Revealed
-
SA Hiphop3 days ago
MP3: Khanyisa Ft. Lady Steezy, LeeMcKrazy, Tshepo Keyz, Marcus MC & Malume.hypeman – Mexican Bounce
-
SA Hiphop3 days ago
MP3: Sino Msolo Ft. Zain SA – Mntase
-
SA Hiphop3 days ago
MP3: Isizweat Ft. Dlala Thukzin & Omit ST – Bona
-
Tv Series2 days ago
Watch Series: Krapopolis Season 1 Episode 22
-
Naija Music1 day ago
MP3: Jeriq – Ije Nwoke
-
Tv Series3 days ago
Watch Series: Demon Slayer: Kimetsu no Yaiba Season 5 Episode 1
-
SA Hiphop3 days ago
MP3: Tycoon Ft. Sino Msolo – Hlala Nam