optional logo
  • Home
  • About Us
  • Our Services
  • Historical Rates
  • News
  • Blog
  • Contact Us
  • Buy/Sell

News

Naira appreciates to N360.41 in I&E

Naira appreciates to N360.41 in I&E December 14, 2017

The naira Wednesday depreciated by four kobo to N360.41 per dollar in the Investor and Exporter (I&E) window, while the volume of dollars traded fell sharply by 80 percent.

Data from the Financial Market Dealers Quote (FMDQ) showed that the indicative exchange rate for the I & E window, known as Nigerian Autonomous Foreign Exchange, NAFEX, rose to N360.41 per dollar, today, from N360.37 per dollar on Tuesday.
 
 On the other hand, the volume of dollars traded fell sharply by 80 percent to $59.6 million from N301.21 million on Tuesday.
 
The naira however remained stable at N363 per dollar in the parallel market for the eight consecutive business day.

Source: Vanguard

Share this news

Share

Recent News

CBN Intervenes in FX Mkt
Published on March 25, 2019
MPC to retain policy rates as DMO floats N100bn bond auction
Published on March 25, 2019
At $43.507bn, External Reserves Hit five-month High
Published on March 25, 2019

Get the latest rates delivered to your inbox!

About Rexel BDC

Rexel Bureau de Change Limited is a limited liability company incorporated in Nigeria and licensed by Central Bank of Nigeria to buy, sell and deal in foreign currencies and to act as agents and consultants.

Our Services

Business Travel Allowance (BTA)

Personal Travel Allowance (PTA)

International Bill Payments

Tuition Fee Payments

and much more...

Latest Blog Posts

Sample Blog Post Two
Posted on November 11, 2016
Sample Blog Post One
Posted on November 11, 2016
Sample Blog Post Half
Posted on October 12, 2016

Contact Details

177A, Ligali Ayorinde Street, Victoria Island, Lagos, Nigeria.

info@rexelbdc.com

08148415830

Copyright © 2019 Rexel BDC Limited
Powered by Kentico CMS.