Vice President Kashim Shettima representing President Bola Tinubu on Tuesday said the naira would have strengthened to N1,000 to the dollar within weeks if not for the recent intervention by the Central Bank of Nigeria aimed at maintaining market stability. Shettima spoke at the Progressive Governors forum (PGF)–Renewed Hope Ambassadors Strategic Summit held at the…
President Donald Trump has played down worries about the weakening U.S. dollar, saying the currency is performing “great” even as markets showed signs of concern. Asked whether the recent fall in the dollar troubled him, Trump responded dismissively, pointing broadly to U.S. business activity but offering no specific evidence to support his view. His comments…
The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 15 pips to 7.171 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate…
The naira further appreciated on Thursday, trading at N1,553.11 against the dollar in the official foreign exchange market. Data from the Central Bank of Nigeria showed the naira gained N12.35, representing a 0.79 per cent appreciation when compared to Wednesday’s trading at N1,565.46 per dollar. The naira has been on a steady appreciation, trading at…
Find below, the Dollar to Naira exchange rate for today, 15 May 2025. The exchange rate between the Naira and the US dollar according to the data released by the Central Bank of Nigeria (CBN), the official forex trading portal showed that the naira traded for ₦1596.70 per dollar on Wednesday , May 14th 2025…
The central parity rate of the Chinese currency Renminbi, or the Yuan, weakened eight pips to 7.1707 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. The central parity rate of the Yuan against the dollar is based on a weighted average of prices offered by market makers before…
The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened seven pips to 7.1698 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate…
The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened six pips to 7.1885 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate…
The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened two pips to 7.1876 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate…
The central parity rate of the Chinese currency renminbi, or the Yuan, weakened nine pips to 7.1891 against the dollar on Tuesday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan can rise or fall by two per cent from the central parity rate each trading…
