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Naira Falls Against Dollar - Printable Version +- Forums (http://contripeople.com) +-- Forum: Retired Forums (http://contripeople.com/forumdisplay.php?fid=78) +--- Forum: Retired Forums. Please Make Your Post Within The 3 Forums In General Discussion (http://contripeople.com/forumdisplay.php?fid=49) +---- Forum: Business/Investment (http://contripeople.com/forumdisplay.php?fid=13) +---- Thread: Naira Falls Against Dollar (/showthread.php?tid=5543) |
Naira Falls Against Dollar - Edoman - 04-06-2018 The Naira, Thursday, depreciated by 30 kobo to close at N360.45 per dollar, in the Investors and Exporters (I&E) window. This is just as the window recorded 236 percent upsurge in its turnover. Data from the Financial Market Dealers Quote (FMDQ) showed that the indicative exchange rate for the I&E window rose to N360.45 per dollar yesterday, from N360.15 per dollar on Wednesday, translating to a 30 kobo loss in the value of naira. This depreciation was in spite of the 236 percent increase in the volume of dollars traded in the I&E window yesterday. Report says the window recorded turnover of $572.1 million, an upsurge from $170.21 million on Wednesday. Source: http://dailypost.ng/2018/04/06/naira-falls-dollar-2/ |