{"id":46773,"date":"2024-08-12T19:00:49","date_gmt":"2024-08-12T19:00:49","guid":{"rendered":"https:\/\/nigerdeltanews.ng\/naira-continues-to-rise-against-dollar-on-monday\/"},"modified":"2024-08-12T19:00:49","modified_gmt":"2024-08-12T19:00:49","slug":"naira-continues-to-rise-against-dollar-on-monday","status":"publish","type":"post","link":"https:\/\/nigerdeltanews.ng\/naira-continues-to-rise-against-dollar-on-monday\/","title":{"rendered":"Naira continues to rise against dollar on Monday"},"content":{"rendered":"
\n

The naira continued its appreciation streak against the dollar at the official foreign market on Monday.<\/p>\n

FMDQ data showed that the naira gained N3.21 at N1570.99 per dollar on Monday from N1,574.20 exchanged on Friday.<\/p>\n

This represents a slight 3.21 gain against the dollar compared to N1,574.20 on Friday.<\/p>\n

Meanwhile, on the black market, the naira remained flat at N1,600 per dollar, the same rate it exchanged last Friday.<\/p>\n

This comes amid CBN\u2019s recent commencement of the Dutch Auction System amid the dollar demand spike.<\/p>\n

In a statement on Friday, the apex bank sold $815.26 million to 26 banks at N1,495 per dollar.<\/p>\n

Naira continues to rise against dollar on Monday<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The naira continued its appreciation streak against the dollar at the official foreign market on Monday. 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