People's TV
  • Home
  • TV Series
  • Programs
  • News
  • About Us
  • Contact Us
Live
People's TV
  • Home
  • TV Series
  • Programs
  • News
  • About Us
  • Contact Us
No Result
View All Result
People's TV
Naira falls further to N395/$

Young Adult

Vaccine for Children

Naira falls further to N395/$

admin by admin
March 17, 2018
378 20
0
548
SHARES
2.5k
VIEWS
Share on FacebookShare on Twitter
Naira falls further to N395/$

The naira on Monday depreciated further at the black market in spite of the commitment of the CBN to boost liquidity in the market, the News Agency of Nigeria (NAN) reports.

The naira lost two points to exchange at N395 to the dollar from N393 recorded on Friday, while the pound sterling and the Euro closed at N480 and N415, respectively.

At the Bureau De Change (BDC) window, the naira was sold for N362 to the dollar, while the Pound Sterling and the Euro closed at N483 and N430, respectively.

Trading at the interbank market saw the naira closed at N306.3 to the dollar.

Traders at the market expressed optimism that the naira would bounce back as the CBN continued to boost liquidity at the interbank market and the BDC sector in the week.

Meanwhile, Alhaji Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON) said that the apex bank had reduced the time lag between the funding of their accounts and the disbursement of.

Gwadabe said that with more liquidity at the BDC window and effective distribution of foreign exchange, the naira was well positioned to bounce back. (NAN).

Related

Advertisement Banner
admin

admin

Discussion about this post

Recommended

Teni and Burna unveiled as new #PepsiBrandAmbassadors
Entertainment

Teni and Burna unveiled as new #PepsiBrandAmbassadors

July 2, 2019
Lil Nas X says he’s still straight despite being gay
Entertainment

Lil Nas X says he’s still straight despite being gay

July 2, 2019
Toke Makinwa breaks internet with steamy hot photos
Entertainment

Toke Makinwa breaks internet with steamy hot photos

July 2, 2019

Popular Playlist

Currently Playing

E360 Program

E360 Program

Featured Videos
BOYS CAN COOK

BOYS CAN COOK

Featured Videos

Live TV

Live
AFRICAN BEAUTY

AFRICAN BEAUTY

TV Series

WHO WANTS TO BE EMPLOYED

Featured Videos
People's TV

Navigate Site

  • Home
  • TV Series
  • Programs
  • News
  • About Us
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • TV Series
  • Programs
  • News
  • About Us
  • Contact Us

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In