URBANEXPRESSLIVEURBANEXPRESSLIVEURBANEXPRESSLIVE
  • Home
  • Politics
    Politics
    “Followers who tell the truth, and leaders who listen to it, are an unbeatable combination.”— Warren Bennis
    Show More
    Top News
    Hamas’ll Pay For The Crime of Killing American Hostage-Biden Threatened
    September 1, 2024
    Choose Lesser Evil-Pope Francis Advice Catholic Voters As US Election Draws Near
    September 14, 2024
    Uploading of IREV Reports Now 86.55% In Edo Guber Election Concern
    September 21, 2024
    Latest News
    You Can’t Subdue the Institution- Sen Zam To Natasha On WhatsApp Group
    September 11, 2025
    Abati Tackles Melaye Over Opay, Monipoint Comment, Says’ Not the Kind of Money Nigerian Govts Need’
    September 9, 2025
    Matter Still In Court, You Can’t Resume-Nigerian Senate Tells Natasha
    September 9, 2025
    Expect My Response Soon-Wike Fires Back At Tambuwal
    September 9, 2025
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Search
  • Advertise
© 2024 Urbanexpresslive. All Rights Reserved.
Reading: Naira Appreciates As Dollar Supply Drops At Foreign Exchange Market
Share
Notification Show More
Font ResizerAa
URBANEXPRESSLIVEURBANEXPRESSLIVE
Font ResizerAa
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
Search
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
URBANEXPRESSLIVE > web-Page > Business > Naira Appreciates As Dollar Supply Drops At Foreign Exchange Market
BusinessDiscover

Naira Appreciates As Dollar Supply Drops At Foreign Exchange Market

urbanexpresslive
Last updated: September 20, 2024 10:25 am
urbanexpresslive
Share
1 Min Read
SHARE

Taiwo Popoola

The supply of Dollar and other currencies dropped at the foreign exchange market as the Naira exchange rate depreciated on Thursday.

FMDQ data showed that the foreign exchange transactions turnover declined to $87.51 million on Thursday from $139.48 million recorded the previous day.

This represents a $57.97 million decrease in FX transactions turnover on a single day.

The development led to the depreciation of Naira to N1544.02 per dollar on Thursday for N1539.65 exchanged on Wednesday.

This comes amid the recent interest rate cut announced by the United States Federal Reserve.

Meanwhile, the Central Bank of Nigeria Monetary Policy Committee will be meeting next week to decide on the country’s interest rate.

You Might Also Like

Benue Attack: How Two Solders, 6 Villagers Lost Their Lives As Suspected Herder Struck

Again, Dangote Bring Down PMS Pump Price

Past Remark of Former Gov Wike-‘’Rivers is No Lagos  Kicking Against godfatherism Trending

Ibadan Stampede: IGP Frown Against Unorganized Distribution of Palliatives

 How Russian Missile Attacked, Wounded 88 In Ukraine

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article We Didn’t Reinstate Cybersecurity Levy On Nigerians-CBN Debunk Claims
Next Article CBN Planning To Raise N50bn From Cybersecurity-Nwani
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

Real Reason I Can’t Commit To One Woman-Young John
Entertainment September 11, 2025
Army officers, Men To Get new uniform-COAS
Crime Lence Crime Reports September 11, 2025
Why Salah is More Complete Footballer than Ronaldo-Benitez
Uncategorized September 11, 2025
EPL: How Aina May Miss Nottingham Vs Arsenal with Injury
Urban Sports September 11, 2025
Executive Master of Transport Management
//

UrbanExpressNews is Nigeria Most Reliable Online News, With Quality Pedigree of Writers made available on the online space.

Download Our App

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

info@urbanexpresslive.com

 

Follow US
© 2024 Urbanexpresslive. All Rights Reserved.
Welcome Back!

Sign in to your account