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Nairaland Forum / Nairaland / General / Business / Naira Appreciates By 2.1% To Close At 374 Per Dollar (11462 Views)
Naira Watch: Naira Appreciates To N420/$ / Naira Appreciates Across Forex Market / Naira Appreciates As Demand For Dollar Gets Low (2) (3) (4)
Naira Appreciates By 2.1% To Close At 374 Per Dollar by metromediaboss: 4:49pm On Jun 01, 2017 |
Nigerian naira on Thursday appreciated by 2.13 per cent to close at 374 against the United States dollar at the parallel market as Central Bank of Nigeria, CBN intensify efforts to protect the value of the currency. The currency maintained rate at 490 and 422 against the Pound sterling and Euro respectively at the black market segment. At the official market, the naira depreciated by 0.02% against the dollar to close at N305.45 to a dollar while the Investors and Exporters foreign exchange Window rate opened at N380.44 and closed at N380.22 on the first today of June. This development is coming as the Central Bank of Nigeria (CBN) on Tuesday intervened in the inter-bank market to the tune of $482.6 million. A breakdown of Tuesday's interventions indicates that the Retail SMIS was allocated $285,779,350, while $100 million was offered in the Wholesale SMIS auction window. The Small, Medium and Enterprises (SMEs) window got an allocation of $52 million, while the invisibles segment, comprising Basic Travel Allowance (BTA), Personal Travel Allowance, medicals and tuition fees, among others, was allocated $45 million The acting Director, Corporate Communications at the CBN, Isaac Okorafor, had said that the interventions are in line with the CBN's resolve, echoed by the Governor, Godwin Emefiele, at last week's briefing of the Monetary Policy Committee (MPC) meeting http://www.metronaija.com/2017/06/naira-appreciates-by-21-to-close-at-374.html cc: lalasticlala mynd44 4 Likes 1 Share |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by IgboAmakaa(f): 4:55pm On Jun 01, 2017 |
ok |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by Omotaday(m): 4:55pm On Jun 01, 2017 |
Nice one |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by justi4jesu(f): 4:55pm On Jun 01, 2017 |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by sKeetz(m): 4:55pm On Jun 01, 2017 |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by madridguy(m): 4:55pm On Jun 01, 2017 |
Sai Baba promised $1-#1 |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by edidiongmichael(m): 4:55pm On Jun 01, 2017 |
Naira vs Dollar There's no way both will be equal.. Just help us bring it back to where it was before. 16 Likes 1 Share
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Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by Edopesin: 4:56pm On Jun 01, 2017 |
Sooo what should i now do 2 Likes 1 Share |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by thoollz: 4:56pm On Jun 01, 2017 |
E b like say baba get one depreciating power ontop our naira and this country. Any time he leaves this country, things begin to appreciate especially d naira. Baba we beg u to stay there for as long as possible. Enjoy ur stay there. The Uk need u more 4 Likes |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by ModsWillKillNL: 4:56pm On Jun 01, 2017 |
Speculators Modath and EgunMogaji wont like this! ntoooorrrr 3 Likes |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by donaldinho111: 4:56pm On Jun 01, 2017 |
The harm caused by this APC Government will take years to be corrected. Will Dollar price, fuel and food prices ever come down again 4 Likes |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by Ezedon(m): 4:57pm On Jun 01, 2017 |
Really? |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by AngelicBeing: 4:57pm On Jun 01, 2017 |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by Sirpaul(m): 4:58pm On Jun 01, 2017 |
dollar why....... my NAIRA come back to 120/$ 4 Likes |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by Sexyfali(f): 4:58pm On Jun 01, 2017 |
nice |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by nerodenero: 4:58pm On Jun 01, 2017 |
Buhari travels, Naira apreciates and he returns, Naira depreciates. Investors' confidence is low when Buhari is around and high when he is absent. Conduct an election and Buhari will not return. 2 Likes 1 Share |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by burkingx(f): 4:59pm On Jun 01, 2017 |
3 Likes
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Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by Alisegun(m): 5:00pm On Jun 01, 2017 |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by oshe11: 5:00pm On Jun 01, 2017 |
Buhari please come back by May 30 2019 The system seems to be working on its own without U in za COUNTRY 1 Like |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by Chiefoomii: 5:01pm On Jun 01, 2017 |
My Dollar come back to $1/#1 So shall it be. Amen. |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by PastorandMentor(m): 5:01pm On Jun 01, 2017 |
Abeg let it come down ooo. I just did an international transaction and I was surprised. They didn't charge me much. |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by mrkings84(m): 5:01pm On Jun 01, 2017 |
Gradually everything is appreciating. I'm the other news Nigeria move in fifa ranking. Even MMM is paying. If bubu remaining in London will make 1 naira become 1 dollar, God let him remain there...... |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by Ghostscript(m): 5:01pm On Jun 01, 2017 |
Oya na |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by KingEbukasBlog(m): 5:03pm On Jun 01, 2017 |
This shouldn't be celebrated . APC met the exchange rate when it was still okay for Nigerians . They are fixing their own errors . 5 Likes 2 Shares |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by Boleyndynasty2(f): 5:03pm On Jun 01, 2017 |
Osi bobo |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by Nobody: 5:04pm On Jun 01, 2017 |
Up Trump and May |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by hirachy: 5:05pm On Jun 01, 2017 |
Please let no one(OP) make any post like this again .....just simply state the current rate of dollar to naira....how can u refer to #350+ rate as strength...? |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by carzola(m): 5:05pm On Jun 01, 2017 |
Every time buhari leaves the Country things get better.. Oh lord if a man has to die For Nigeria to move forward Kill him.. Amen. 3 Likes |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by abdulskulboy(m): 5:08pm On Jun 01, 2017 |
toh, its ok |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by firstking01(m): 5:10pm On Jun 01, 2017 |
Until it appreciates to $1=N1 buhari is still a failure. |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by wolewolsz(m): 5:12pm On Jun 01, 2017 |
367 abokifx |
Re: Naira Appreciates By 2.1% To Close At 374 Per Dollar by CallmeLucy(m): 5:13pm On Jun 01, 2017 |
It's obvious that it's the Stupid Buhari that keeps ruining the country. If he wasn't elected in the first place, the country won't be in this mess. |
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