Naira maintains N1,300 exchange rate against Dollar (USD)

The Naira has maintained a N1,300 exchange rate mark against the US Dollar at the close of the official foreign exchange market for the Easter Holidays on Thursday.

FMDQ data showed that the Naira exchanged for N1,309.39 per USD on Thursday compared to the previous day of N1,300.43. This comes as USD transactions on Thursday stood at $857.78 million turnover, according to FMDQ data.

Similarly, the Naira sustained an exchange rate of N1300 and 1320 per USD at the parallel market. The development came amid the Central Bank of Nigeria’s raising minimum capital requirements for banks.

8 thoughts on

Naira maintains N1,300 exchange rate against Dollar (USD)

  • Ellap

    The economy is already damaged
    I pray everything will soon get better

  • Opeyemi

    But I thought dollar is now 1000 per dollar? 😒

  • demola14

    But this hasn’t reflected in the day to day economy of the country

  • Ololade Kehinde

    We are hoping this will stabilize the economy big time.it’s a good news

  • Oyedibu Fikayo Odunayo

    The economy is bad already…..I hope things can get better soon as possible

  • Ololade Taiwo Michael

    We hope all get better as soon as possible.

  • Babalola barakat ifeoluwa

    Huhmm the way things are going in this country only God can help us

  • Chioma

    Well the way dollars is fluctuating hmm l hope or even self let God make it to come down more so things can be cheap

Comments are closed.

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