ForexNigeria - Housing TV Africa https://www.housingtvafrica.com/tag/forexnigeria/ 24/7 Breaking News, Housing News, Real Estate News, Mortgage News, Construction news, Property News Fri, 25 Oct 2024 05:55:32 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.3 https://www.housingtvafrica.com/wp-content/uploads/2024/11/cropped-467525650_122213590052021108_4825452665835935767_n-32x32.jpg ForexNigeria - Housing TV Africa https://www.housingtvafrica.com/tag/forexnigeria/ 32 32 Naira depreciates to N1,739/$ in parallel market https://www.housingtvafrica.com/naira-depreciates-to-n1739-in-parallel-market/?utm_source=rss&utm_medium=rss&utm_campaign=naira-depreciates-to-n1739-in-parallel-market Fri, 25 Oct 2024 05:39:21 +0000 https://www.housingtvafrica.com/?p=13690

The Naira yesterday depreciated to N1,739 per dollar in the parallel market from N1,735 per dollar on Wednesday. However, the Naira appreciated to N1,601.2 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,601.2 per dollar from N1,654.09 per dollar on […]

The post Naira depreciates to N1,739/$ in parallel market appeared first on Housing TV Africa.

]]> The Naira yesterday depreciated to N1,739 per dollar in the parallel market from N1,735 per dollar on Wednesday.

However, the Naira appreciated to N1,601.2 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.

BUY HOUSE NAIJA

Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,601.2 per dollar from N1,654.09 per dollar on Wednesday , indicating N52.89 appreciation for the naira.

The volume of dollars traded (turnover) in the official market increased by 69 percent to $230.99 million from $136.68 million traded on Wednesday.

Consequently, the margin between the parallel market and NAFEM rate widened to N137.8 per dollar from N80.91 per dollar on Wednesday.

The post Naira depreciates to N1,739/$ in parallel market appeared first on Housing TV Africa.

]]>