{"id":32434,"date":"2024-05-16T18:00:25","date_gmt":"2024-05-16T18:00:25","guid":{"rendered":"https:\/\/nigerdeltanews.ng\/naira-returns-to-depreciation-against-dollar-sheds-n73-in-single-day\/"},"modified":"2024-05-16T18:00:25","modified_gmt":"2024-05-16T18:00:25","slug":"naira-returns-to-depreciation-against-dollar-sheds-n73-in-single-day","status":"publish","type":"post","link":"https:\/\/nigerdeltanews.ng\/naira-returns-to-depreciation-against-dollar-sheds-n73-in-single-day\/","title":{"rendered":"Naira returns to depreciation against dollar, sheds N73 in single day"},"content":{"rendered":"<div>\n<p>The Naira has returned to depreciation against the dollar in the foreign exchange market.<\/p>\n<p>FMDQ data showed the Naira dropped to N1533.99 per dollar on Thursday from N1459.02 on Wednesday.<\/p>\n<p>This represents an N73.98 loss against the dollar on Thursday compared to trading on N1459.02.<\/p>\n<p>Similarly, the Naira depreciated to N1555 per Dollar in the parallel market section from N1515 on Wednesday.<\/p>\n<p>To address the country\u2019s forex crisis, the Central Bank of Nigeria granted 14 new International Money Transfer Operators, IMTOs Approval-in-Principle (AIP), to double foreign-currency remittance inflows through formal channels.<\/p>\n<p>Recall that Bureau De Change operators had blamed the FX shortage for the Naira depreciation.<\/p>\n<p>Naira returns to depreciation against dollar, sheds N73 in single day<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Naira has returned to depreciation against the dollar in the foreign exchange market. FMDQ data showed the Naira dropped&hellip;<\/p>\n","protected":false},"author":1,"featured_media":32435,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4161,938,939,15],"tags":[519,948,943,180],"class_list":["post-32434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-dollar","category-naira","category-news","tag-business","tag-dollar","tag-naira","tag-news"],"_links":{"self":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/32434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/comments?post=32434"}],"version-history":[{"count":0,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/32434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media\/32435"}],"wp:attachment":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media?parent=32434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/categories?post=32434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/tags?post=32434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}