{"id":34631,"date":"2024-05-29T19:00:52","date_gmt":"2024-05-29T19:00:52","guid":{"rendered":"https:\/\/nigerdeltanews.ng\/naira-appreciates-against-dollar-at-forex-market-3\/"},"modified":"2024-05-29T19:00:52","modified_gmt":"2024-05-29T19:00:52","slug":"naira-appreciates-against-dollar-at-forex-market-3","status":"publish","type":"post","link":"https:\/\/nigerdeltanews.ng\/naira-appreciates-against-dollar-at-forex-market-3\/","title":{"rendered":"Naira appreciates against dollar at forex market"},"content":{"rendered":"<div>\n<p>The Naira on Wednesday appreciated against the dollar at the official foreign exchange on the first anniversary of President Bola Tinubu in office.<\/p>\n<p>FMDQ data showed that the Naira appreciated to N1329.65 on Wednesday from N1339.33 on Tuesday.<\/p>\n<p>This represents an N9.68 gain against the dollar compared to N1339.33 traded on Tuesday at the foreign exchange market.<\/p>\n<p>Similarly, at the parallel market section, the Naira appreciated to N1480 per dollar on Wednesday from N1500 recorded the previous day.<\/p>\n<p>Meanwhile, the figure is a fall-cry from the exchange rate in May 2023, which stood at N460.702 per dollar due to the Naira floating by the Tinubu-led administration in June 2023 and January 2024.<\/p>\n<p>The development comes as the Association of Bureaux De Change Operators in Nigeria urged the Central Bank of Nigeria to review minimum capital requirements for its members.<\/p>\n<p>Naira appreciates against dollar at forex market<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Naira on Wednesday appreciated against the dollar at the official foreign exchange on the first anniversary of President Bola&hellip;<\/p>\n","protected":false},"author":1,"featured_media":34632,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4161,938,5175,939,15],"tags":[519,948,5176,2691,943,180],"class_list":["post-34631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-dollar","category-forex-market","category-naira","category-news","tag-business","tag-dollar","tag-forex","tag-market","tag-naira","tag-news"],"_links":{"self":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/34631","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=34631"}],"version-history":[{"count":0,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/34631\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media\/34632"}],"wp:attachment":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media?parent=34631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/categories?post=34631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/tags?post=34631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}