{"id":116054,"date":"2024-04-15T21:21:13","date_gmt":"2024-04-15T20:21:13","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/naira-appreciates-to-n1000-per-dollar-at-fx-black-market"},"modified":"2024-04-15T23:39:31","modified_gmt":"2024-04-15T22:39:31","slug":"naira-appreciates-to-n1000-per-dollar-at-fx-black-market","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-appreciates-to-n1000-per-dollar-at-fx-black-market","title":{"rendered":"Naira appreciates to N1,000 per dollar at FX black market"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Naira appreciated to N1000 per US dollar as Monday\u2019s foreign exchange market commenced.<\/p>\n

A Bureau De Change operator, Mistila Dayyabu, disclosed this.<\/p>\n

According to the BDC operator, the Naira is expected to appreciate further below the N1000 per dollar mark during the week.<\/p>\n

\u201cThe Naira is selling between N1000 and 1050 per dollar on Monday. As the week goes on, the Naira will appreciate further to below N1000 per dollar,\u201d he said.<\/p>\n

The development came days after the Naira emerged as the best-performing currency in April, according to Goldman Sachs.<\/p>\n

Recall that on Friday, the Naira gained N60 against the dollar after the Eid-el-Fitr holidays.<\/p>\n

For months now, Naira has continued its appreciation against the dollar. The Naira moved from N1,900 in February to N1,000 at the parallel market.<\/p>\n

Meanwhile, Nigerians have lamented that the Naira\u2019s appreciation has not impacted the prices of goods and services.<\/p>\n

The National Bureau of Statistics\u2019 latest inflation report showed that food inflation rose to 40.01 per cent in March 2024.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Naira appreciated to N1000 per US dollar as Monday\u2019s foreign exchange market commenced. A Bureau De Change operator, Mistila Dayyabu, disclosed this. According to the BDC operator, the Naira is expected to appreciate further below the N1000 per dollar mark during the week. \u201cThe Naira is selling between N1000 and 1050 […]<\/p>\n","protected":false},"author":84,"featured_media":116053,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,1623,254],"class_list":["post-116054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-naira","tag-nigeria"],"yoast_head":"\nNaira appreciates to N1,000 per dollar at FX black market - Nigeria<\/title>\n<meta name=\"description\" content=\"The Naira appreciated to N1000 per US dollar as Monday\u2019s foreign exchange market commenced. 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