Currencies
Naira Slips to N441.17/$1 at the I&E Window, Weakens at the Black Market
Tuesday, October 11, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session on a bearish note...
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Naira exchanges with the dollar for N729 at the black market
Tuesday, October 11, 2022: The exchange rate between the naira and dollar at the parallel (black) market stands at about...
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Ghana Cedi Falls by 72% year-to-date
The currency of Ghana has depreciated by a whopping 72 percent against the US dollar since the beginning of the...
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Nigeria’s forex market in quagmire as sources of dollar inflow plummet
The rate at which the naira exchanges for the dollar is ridiculously low, reaching historic falls in the black market...
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Ghana Hikes Monetary Policy Rate to 24.5% Amid Rising Inflation
Given the wave of inflationary pressure which has remained elevated in the country, Ghana’s central bank raised its benchmark interest...
Read moreNaira Depreciates Further at the Black Market, Exchanges with a Dollar for N729
Wednesday, September 28, 2022: The exchange rate between naira and dollar has continued to plunge, recording an intra-day depreciation of...
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Naira Appreciates Marginally by 0.08% at the Investors and Exporters’ Window
Monday, September 26, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session on a bullish note...
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King Charles III will be on the British pound notes by the middle of next year
British pound notes featuring King Charles III's face are projected to reach circulation by the middle of 2024. The Bank...
Read moreNaira Slips Into a Record Low as it Falls Big at the Black Market
The Nigerian naira now exchanges for a dollar at a ridiculously low rate of N715/$1. Sadly, this slump in the...
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Exchange rate at the I&E Window shows little responsiveness to forex supply, stabilizes at about N436/$1
Tuesday, September 20, 2022: The rate at which the naira exchanges for the dollar at the Nigerian Investors and Exporters...
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