Naira Appreciates From 1310/$ To 1300/$ In Parallel Market - Business

Naira Appreciates From 1310/$ To 1300/$ In Parallel Market - Business - Nairaland

Nairaland Forum › Nairaland General › Business › Naira Appreciates From 1310/$ To 1300/$ In Parallel Market (22164 Views)

1 2 3 4 5 Reply (Go Down)

Naira Appreciates From 1310/$ To 1300/$ In Parallel Market by DesChyko(op): 1:02pm On Oct 26, 2023

Naira, on Wednesday, appreciated against the US Dollar on the unofficial parallel market, commonly referred to as the black market.

In afternoon trading, the exchange rate was N1,300 per dollar, representing a 0.76% increase (N10) compared to the N1,310 rate recorded on Tuesday on the black market.

The persistent foreign exchange pressure, exacerbated by the Naira reaching as low as N1,310 per dollar, showed signs of improvement on Wednesday as demand slightly eased.

The most recent instance of Naira appreciation occurred on October 3, 2023, when it increased by 0.79% (N8) against the US Dollar.

On Tuesday, the Naira experienced a significant 6.86% depreciation after having strengthened by 1.85% against the dollar on Monday at the Nigerian Autonomous Foreign Exchange Market (NAFEM).

https://www.google.com/amp/s/punchng.com/naira-appreciates-against-dollar-for-first-time-in-three-weeks/%3famp

8 Likes 4 Shares

Re: Naira Appreciates From 1310/$ To 1300/$ In Parallel Market by BXNX: 1:04pm On Oct 26, 2023

How true is this

2 Likes 1 Share

Re: Naira Appreciates From 1310/$ To 1300/$ In Parallel Market by Nwodosis(m): 1:04pm On Oct 26, 2023

President Tinubu will tame the dollar as he tamed the Atlantic ocean.

109 Likes 6 Shares

Re: Naira Appreciates From 1310/$ To 1300/$ In Parallel Market by providencia(m): 1:17pm On Oct 26, 2023

BXNX:
How true is this

If you read it properly you will realise the news is irrelevant

264 Likes 22 Shares

Re: Naira Appreciates From 1310/$ To 1300/$ In Parallel Market by BXNX: 1:18pm On Oct 26, 2023

providencia:
If you read it properly you will realise the news is irrelevant

See o..

5 Likes 1 Share

Re: Naira Appreciates From 1310/$ To 1300/$ In Parallel Market by dangermouse(m): 1:21pm On Oct 26, 2023

Lets celebrate when it is down to what tis present administration met it at. huh

53 Likes 3 Shares

Re: Naira Appreciates From 1310/$ To 1300/$ In Parallel Market by Hendrixky: 1:44pm On Oct 26, 2023

And so what

We should celebrate this now

When a dollar equal 1300 naira already

Big shame to tinubu
The problem with Nigeria is that there are too many sentimental, wicked and tribalistic souls in Nigeria

Reason we can not unite to fight our politicians

Imagine the picture below. Now he is aware that tinubu is not a magician
That same energy he used in tormenting Jonathan administration he can no longer use it because of tribalism

107 Likes 12 Shares

Re: Naira Appreciates From 1310/$ To 1300/$ In Parallel Market by adioolayi(m): 1:44pm On Oct 26, 2023

Madam wey dey sell fufu don reduce the size of the swallow..

I ask am why..

She said dollar don increase... grin

.

I know Naira will be stronger in the coming days....should settle around #750.

It's well with Nigerians..

God bless Nigeria

11 Likes 3 Shares

Re: Naira Appreciates From 1310/$ To 1300/$ In Parallel Market by Taylor92: 1:44pm On Oct 26, 2023

Mtchewwwwww

Who goes Mumu Naira

Make dollar no hear this propaganda ooo if not e go vex enter N2,000 before 9pm today

33 Likes 3 Shares

Re: Naira Appreciates From 1310/$ To 1300/$ In Parallel Market by Dialpad: 1:45pm On Oct 26, 2023

The is not what we expect....

1 Like

Re: Naira Appreciates From 1310/$ To 1300/$ In Parallel Market by Waist: 1:45pm On Oct 26, 2023

Hhhhhh

Re: Naira Appreciates From 1310/$ To 1300/$ In Parallel Market by anonymous1759(m): 1:45pm On Oct 26, 2023

It’s time for BAT to lunch a full scale invasion with HIMARS and STORMsahadow against those useless enemies of Nigeria sabotaging the economy with hoarding of $ and the useless elements on social media crucifying the Nation enough is enough.

6 Likes