Business & Economy

Latest Foreign Exchange Rate News: Dollar To Naira, Euro, Pounds For Today Tuesday 25 January 2022

Latest Foreign Exchange Rate News For Today Tuesday 25 January 2022 has been compiled by BrandNewsDay and can be accessed below.

In today’s Latest Foreign Exchange Rate, Brand News Day Nigeria has compiled the Latest Foreign Exchange Rate News Update headlines update for today, Tuesday, January 25, 2022, for guardians and prospects willing to be up-to-date on the latest Foreign Exchange Rate news.

Latest Foreign Exchange News: Dollar To Naira, Euro, Pounds For Today Tuesday 25 January 2022

Why CBN Must Resume Sale Of Dollar To BDCs As FX Pressure Peaks

Why CBN Must Resume Sale Of Dollar To BDCs As Foreign Exchange Pressure Peaks, according to the Founder of Agusto & Co Limited.

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In order to reduce the pressure in the foreign exchange market, the Central Bank of Nigeria (CBN) should resume the sale of dollars to licensed Burea De Change operators.

Brand News Day Nigeria reports that the Founder of Agusto & Co Limited, Mr Bode Agusto during a webinar titled, “Nigeria in 2022- Will 2022 Be a Year of Strong Growth Driven by Herd Immunity from COVID-19?”

He also projected that if the CBN maintains its current stands not to sell dollars directly to the Bureau De Change (BDC) operators, the Naira to exchange rate would depreciate to N620/$1 in the parallel market before the end of 2022.

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Bode Agusto Comment:

The Naira would continue to suffer in the parrel market if additional liquidity is not brought into the market through the BDCs. He said, “We see continued pressure on the parallel market exchange rates. To Continue, CLICK HERE.

Naira To Dollar Exchange Rate ‘Would’ Hit N620/$1 In Black Market Soon -Expert

Naira to Dollar exchange rate would depreciate to N620/$1 in the parallel market otherwise known as the black market before the end of 2022.

Brand News Day Nigeria reports that the Founder of Agusto & Co Limited, Mr Bode Agusto made this known during a webinar recently that the Naira to dollar exchange rate would depreciate to N620/$1 in the parallel market before the end of 2022.

Mr Bode Agusto made this known in a webinar titled, “Nigeria in 2022- Will 2022 Be a Year of Strong Growth Driven by Herd Immunity from COVID-19?”

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He also explained that if the CBN maintains its current stands not to sell dollars directly to the Bureau De Change (BDC) operators, the Naira to dollar exchange rate would depreciate to N620/$1 in the parallel market before the end of 2022.

Bode Agusto said: The Naira would continue to suffer in the parrel market if additional liquidity is not brought into the market through the BDCs. He said, “We see continued pressure on the parallel market exchange rates. To Continue READING, CLICK HERE.

Black Market Dollar To Naira Exchange Rate Today Monday, January 24, 2022

Black Market Dollar to Naira exchange rate today Monday, January 24, 2022, has emerged as obtained by BrandNewsDay and can be accessed below.

Brand News Day Nigeria has obtained the official US Dollar to Naira exchange rate today Nigeria, including the Black Market rate, Bureau De Change (BDC) rate, and the CBN exchange rate today.

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January 24 dollar to naira official market exchange rate: $1 dollar to naira =₦415.24

How Much Is Dollar To Naira Exchange Rate Today CBN Rate?

The exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchange where forex is officially traded showed that the naira opened at ₦414.76per dollar on Monday, 24th January 2022. To CONTINUE READING, CLICK HERE.

Black Market Euro To Naira Exchange Rate Today Monday, January 24, 2022

January 24 black market Euro To Naira – £1 to naira =635

Brand News Day Nigeria reports that this page will keep the readership up-to-date with the CBN Euro to naira daily exchange rate alongside the Euro to naira black market exchange rate in the parallel market otherwise known as the black market which is managed by the Burea De Change (BDC) operators.

As a result of the high demand in the search query for the Euro to naira exchange rate, it becomes important to bring to your notice. BrandNewsDay, however, states that this page concentrates solely on the Euro to naira today black market rate.

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To Continue Reading, Click HERE.

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