{"id":47288,"date":"2024-08-15T18:00:22","date_gmt":"2024-08-15T18:00:22","guid":{"rendered":"https:\/\/nigerdeltanews.ng\/naira-appreciates-massively-amid-first-decline-in-nigerias-inflation-since-2022\/"},"modified":"2024-08-15T18:00:22","modified_gmt":"2024-08-15T18:00:22","slug":"naira-appreciates-massively-amid-first-decline-in-nigerias-inflation-since-2022","status":"publish","type":"post","link":"https:\/\/nigerdeltanews.ng\/naira-appreciates-massively-amid-first-decline-in-nigerias-inflation-since-2022\/","title":{"rendered":"Naira appreciates massively amid first decline in Nigeria\u2019s inflation since 2022"},"content":{"rendered":"<div>\n<p>The Naira appreciated massively against the dollar at the foreign exchange market in a swift response to the first decline in Nigeria\u2019s inflation since 2022.<\/p>\n<p>FMDQ data showed that the Naira gained to N 1,564.48 per dollar on Thursday from N1,586.04 exchanged on Wednesday.<\/p>\n<p>This represents an N21.56 against the dollar compared to the N1,586.04 recorded on Wednesday.<\/p>\n<p>Meanwhile, the Naira remained flat at N1600 per dollar rate on Thursday, the same exchange rate on Wednesday.<\/p>\n<p>The development comes as Nigeria\u2019s inflation rate fell to 33.40 percent in July from 34.19 percent in June. This represents the first Africa\u2019s most populous country has recorded a headline inflation decline since December 2022 when it stood at 21.34 percent.<\/p>\n<p>\u00a0<\/p>\n<p>Naira appreciates massively amid first decline in Nigeria\u2019s inflation since 2022<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Naira appreciated massively against the dollar at the foreign exchange market in a swift response to the first decline&hellip;<\/p>\n","protected":false},"author":1,"featured_media":47289,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4161,939,15],"tags":[2257,1751,3061,519,1747,1073,472,16055,943,180,1505,17217],"class_list":["post-47288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-naira","category-news","tag-2257","tag-amid","tag-appreciates","tag-business","tag-decline","tag-first","tag-inflation","tag-massively","tag-naira","tag-news","tag-nigerias","tag-since"],"_links":{"self":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/47288","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=47288"}],"version-history":[{"count":0,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/47288\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media\/47289"}],"wp:attachment":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media?parent=47288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/categories?post=47288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/tags?post=47288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}