{"id":33089,"date":"2024-05-20T19:00:21","date_gmt":"2024-05-20T19:00:21","guid":{"rendered":"https:\/\/nigerdeltanews.ng\/naira-records-two-consecutive-appreciations-against-dollar-at-forex-market\/"},"modified":"2024-05-20T19:00:21","modified_gmt":"2024-05-20T19:00:21","slug":"naira-records-two-consecutive-appreciations-against-dollar-at-forex-market","status":"publish","type":"post","link":"https:\/\/nigerdeltanews.ng\/naira-records-two-consecutive-appreciations-against-dollar-at-forex-market\/","title":{"rendered":"Naira records two consecutive appreciations against Dollar at forex market"},"content":{"rendered":"<div>\n<p>The Naira recorded two consecutive appreciations against the Dollar in official and parallel foreign exchange markets.<\/p>\n<p>FMDQ data showed that it appreciated to N1468.99 per Dollar on Monday from<\/p>\n<p>N1497.33 traded on Friday.<\/p>\n<p>This represents an N28.84 gain compared to N1497.33 traded on Friday when the official market closed.<\/p>\n<p>Similarly, the parallel market section appreciated to N1460 per Dollar on Modnay from N1470 last Friday. This represents an N10 gain in the black market section.<\/p>\n<p>Since mid-April, this is the first time Nigeria\u2019s currency has strengthened two consecutive times against the Dollar.<\/p>\n<p>The development comes as dollar turnover surged to $161.41 million on Monday from $83 million on Friday.<\/p>\n<p>DAILY POST reports that the Central Bank of Nigeria\u2019s two-day Monetary Policy Committee meeting commenced on Monday. During the meeting, the apex bank is expected to unveil a decision to tackle the Country\u2019s inflation, which soared to 33.69 per cent in April.<\/p>\n<p>Naira records two consecutive appreciations against Dollar at forex market<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Naira recorded two consecutive appreciations against the Dollar in official and parallel foreign exchange markets. FMDQ data showed that&hellip;<\/p>\n","protected":false},"author":1,"featured_media":33090,"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-33089","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\/33089","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=33089"}],"version-history":[{"count":0,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/33089\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media\/33090"}],"wp:attachment":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media?parent=33089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/categories?post=33089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/tags?post=33089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}