{"id":119999,"date":"2024-05-29T12:28:00","date_gmt":"2024-05-29T11:28:00","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/fx-turnover-surges-by-81-59-as-naira-stays-at-1339-against-dollar"},"modified":"2024-05-29T14:49:49","modified_gmt":"2024-05-29T13:49:49","slug":"fx-turnover-surges-by-81-59-as-naira-stays-at-1339-against-dollar","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/fx-turnover-surges-by-81-59-as-naira-stays-at-1339-against-dollar","title":{"rendered":"FX turnover surges by 81.59% as Naira stays at $1339 against Dollar"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Foreign exchange turnover increased by 81.59 per cent to $328 million as the Naira maintained its N1339.33 per dollar appreciation mark against the Dollar at the official forex market.<\/p>\n

FMDQ data showed that FX transactions turnover rose to $328.32 million at the close of trading on Tuesday from $180.80 million the previous day.<\/p>\n

The development signaled renewed activity and demand in the foreign currency market.<\/p>\n

Meanwhile, at the parallel market section, the Naira appreciated to N1500 per dollar on Tuesday from N1520 the previous day.<\/p>\n

Experts have attributed the Naira\u2019s strengthening against other currencies to the Central Bank of Nigeria\u2019s intervention in the foreign exchange market.<\/p>\n

CBN governor, Olayemi Cardoso in its 295th Monetary Policy Committee blamed the persistent FX crisis on seasonal fluctuations.<\/p>\n

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

Africa-Press – Nigeria. Foreign exchange turnover increased by 81.59 per cent to $328 million as the Naira maintained its N1339.33 per dollar appreciation mark against the Dollar at the official forex market. FMDQ data showed that FX transactions turnover rose to $328.32 million at the close of trading on Tuesday from $180.80 million the previous […]<\/p>\n","protected":false},"author":84,"featured_media":119998,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,1621,1623,254],"class_list":["post-119999","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-dollar","tag-naira","tag-nigeria"],"yoast_head":"\nFX turnover surges by 81.59% as Naira stays at $1339 against Dollar - Nigeria<\/title>\n<meta name=\"description\" content=\"Foreign exchange turnover increased by 81.59 per cent to $328 million as the Naira maintained its N1339.33 per dollar ap ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/fx-turnover-surges-by-81-59-as-naira-stays-at-1339-against-dollar\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FX turnover surges by 81.59% as Naira stays at $1339 against Dollar\" \/>\n<meta property=\"og:description\" content=\"Foreign exchange turnover increased by 81.59 per cent to $328 million as the Naira maintained its N1339.33 per dollar ap ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/fx-turnover-surges-by-81-59-as-naira-stays-at-1339-against-dollar\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-29T11:28:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-29T13:49:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/05\/sm_1716974133.39216.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"506\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fx-turnover-surges-by-81-59-as-naira-stays-at-1339-against-dollar#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fx-turnover-surges-by-81-59-as-naira-stays-at-1339-against-dollar\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"FX turnover surges by 81.59% as Naira stays at $1339 against Dollar\",\"datePublished\":\"2024-05-29T11:28:00+00:00\",\"dateModified\":\"2024-05-29T13:49:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fx-turnover-surges-by-81-59-as-naira-stays-at-1339-against-dollar\"},\"wordCount\":144,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fx-turnover-surges-by-81-59-as-naira-stays-at-1339-against-dollar#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/05\/sm_1716974133.39216.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Dollar\",\"naira\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/fx-turnover-surges-by-81-59-as-naira-stays-at-1339-against-dollar#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fx-turnover-surges-by-81-59-as-naira-stays-at-1339-against-dollar\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fx-turnover-surges-by-81-59-as-naira-stays-at-1339-against-dollar\",\"name\":\"FX turnover surges by 81.59% as Naira stays at $1339 against Dollar - 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