Trade charge at official market depreciates to N463.67/$1 on twenty fifth Could 2023

The change charge between the naira and the US greenback recorded a marginal depreciation of 0.07% on the Traders and Exporters (I&E) window to shut at N463.67/$1 on Thursday, twenty fifth Could 2023, in comparison with the closing charge of N463.33/$1 recorded within the earlier buying and selling session.

That is in response to Nairametrics each day foreign money replace, tracked and compiled from FMDQ Trade.

A gap indicative charge of N463.85/$1 was recorded on the IEFX change market on Thursday twenty fifth Could 2023, from N464.29/$1 that was recorded on Wednesday twenty fourth Could 2023.

The best charge in the course of the intra-day buying and selling on the IEFX change market closed at N467/$1 on Thursday twenty fifth Could 2023, similar charge it recorded within the final buying and selling session.

The bottom charge on the IEFX change market stays unchanged because it closed on the similar charge of N460/$1 that has been recorded within the final two buying and selling weeks with a ahead charge of N472/$1 on Thursday twenty fifth Could 2023.

Nevertheless, a complete of $157.56 million was transacted on the official market on Thursday twenty fifth Could 2023, which is 104.62% increased than the $77 million that exchanged fingers within the earlier session. In the meantime, the nation’s exterior reserves stood at $35.18 billion as of Tuesday, twenty third Could 2023, from $35.19 billion recorded as of Monday, twenty second Could 2023.

Different indices

• The Cash market in a single day charge stood at 11.50% on Thursday twenty fifth Could 2023, similar charge its recorded within the earlier buying and selling session. In the meantime, the Open Repo charge elevated by 13 foundation factors to face at 11.25%, from 11.12% recorded on twenty fourth Could 2023.
• DEBT: The change debt market dimension as of Thursday twenty fifth Could 2023 is N33.45 trillion, an appreciation of 0.39% in comparison with the debt market dimension of N33.32 trillion recorded within the earlier buying and selling session.
• NAFEX: The Nigerian Autonomous International Trade Fixing charge stood at N465.13/$1 on Wednesday, twenty fourth Could 2023, a marginal depreciation from N465.08/$1 that was recorded on Tuesday twenty third Could 2023.
• NIBOR: The Nigerian Inter-Financial institution Provided charge stood at 11.6% for the in a single day (O/N) tenor as of Wednesday twenty fourth Could 2023, from 12.67% recorded within the earlier buying and selling day. 1-month tenor (11.7%), 3-month (12.43%), whereas the 6-month tenor stood at 13.43%.
• NITTY: The Nigerian Inter-Financial institution Treasury Payments True Yields’ 1-month tenor charge stood at 2.84%, on Wednesday twenty fourth Could 2023.

1. 3-month – 4.23%
2. 6-month – 5.55%
3. 9-month – 6.90%
4. 12-month – 8.29%

• The S&P Sovereign Bond index stood at 620.49 index degree on Wednesday twenty fourth Could 2023 from 620.26 factors recorded within the earlier buying and selling session. This brings the month-to-date progress to 0.50%, the quarter-to-date progress to 1.43% whereas the year-to-date progress to 1.01%.

---

Naira improves in opposition to US greenback at official market on twenty fourth Could 2023

The Nigerian naira appreciated in opposition to the US greenback on the Traders and Exporters (I&E) window to shut at N463.33/$1 on Wednesday, twenty fourth Could 2023, representing an 0.23% rise from the closing charge of N464.42 to a greenback recorded within the earlier buying and selling session.

That is in response to Nairametrics each day foreign money replace, tracked and compiled from FMDQ Trade.

A gap indicative charge of N464.29/$1 was recorded on the IEFX change market on Wednesday twenty fourth Could 2023, from N463.1/$1 that was recorded on Tuesday twenty third Could 2023.

The best charge in the course of the intra-day buying and selling on the IEFX change market retraced again to N467/$1 on Wednesday twenty fourth Could 2023, in comparison with the best charge of N632, for the reason that starting of the yr, that was recorded within the final buying and selling session.

The bottom charge on the IEFX change market closed on the similar charge of N460/$1 that has been recorded within the final two buying and selling weeks with a ahead charge of N472/$1.

Foreign exchange turnover, nevertheless, decreased by 69.43% to $77 million on the official market on Wednesday twenty fourth Could 2023, from the $251.91 million that exchanged fingers within the earlier session. In the meantime, the nation’s exterior reserves stood at $35.189 billion as of Monday, twenty second Could 2023, from $35.198 billion recorded as of Friday, nineteenth Could 2023.

Different indices

• The Cash market in a single day charge stood at 11.50% on Wednesday twenty fourth Could 2023, similar charge its recorded within the earlier buying and selling session. In the meantime, the Open Repo charge stood at 11.12%, recording an increase of 12 foundation factors from 11% recorded on twenty third Could 2023.
• DEBT: The change debt market dimension as of Wednesday twenty fourth Could 2023 is N33.32 trillion, a 1.09% improve within the debt market dimension of N32.96 trillion recorded on Tuesday.
• NAFEX: The Nigerian Autonomous International Trade Fixing charge stood at N465.08/$1 on Tuesday, twenty third Could 2023 from N465.1/$1 that was recorded on Monday twenty second Could 2023.
• NIBOR: The Nigerian Inter-Financial institution Provided charge stood at 12.67% for the in a single day (O/N) tenor as of Tuesday twenty third Could 2023, from 15.06 recorded within the earlier buying and selling day. 1-month tenor (11.8%), 3-month (12.58%), whereas the 6-month tenor stood at 13.58%.
• NITTY: The Nigerian Inter-Financial institution Treasury Payments True Yields’ 1-month tenor charge stood at 3.34%, on Tuesday twenty third Could 2023.

1. 3-month – 4.67%
2. 6-month – 5.94%
3. 9-month – 7.47%
4. 12-month – 9.23%

• The S&P Sovereign Bond index stood at 620.26 index degree on Tuesday twenty third Could 2023 from 620.16 factors recorded within the earlier buying and selling session. This brings the month-to-date progress to 0.47%, the quarter-to-date progress to 1.39% whereas the year-to-date progress to 0.97%.

---

Trade charge at official market closes at N464.42/$1 on twenty third Could 2023

The change charge between the Nigerian naira and the US greenback recorded a depreciation of 0.20% on the Traders and Exporters (I&E) window. On Tuesday, Could 23, 2023, the speed closed at N464.42/$1, in comparison with yesterday’s charge of N463.5/$1.

That is in response to Nairametrics each day foreign money replace, tracked and compiled from FMDQ Trade.

The change recorded a gap indicative charge of N464.10/$1 on the IEFX change market on Tuesday twenty third Could 2023, a depreciation of 0.13% from N463.5/$1 that was recorded on Monday twenty second Could 2023.

The best charge of N632/$1 was recorded in the course of the intra-day buying and selling on Tuesday twenty third Could 2023 on the IEFX change market, which is the best it has recorded for the reason that starting of the yr.

The bottom charge stood at N460/$1, the identical charge that was recorded within the final ten buying and selling periods, since Tuesday ninth Could 2023, with a ahead charge of N449.92/$1.

Nevertheless, the sum of $251.91 million was transacted on the official market on Tuesday twenty third Could 2023, which is considerably increased by 135.78% from the $106.84 that exchanged fingers within the earlier session. In the meantime, the nation’s exterior reserves stood at $35.198 billion as of Friday, nineteenth Could 2023, a marginal appreciation of 0.05% from $35.178 billion recorded as of Thursday, 18th Could 2023.

Different indices

• The Cash market in a single day charge dropped by 212 foundation factors to 11.50% on Tuesday twenty third Could 2023, from 13.62% that was recorded within the earlier buying and selling session. Additionally, the Open Repo charge stood at 11.00%, recording a drop of 188 foundation factors from 12.88% recorded on twenty second Could 2023.
• DEBT: The change debt market dimension as of Tuesday twenty third Could 2023 is N32.96 trillion, a 2% rise within the debt market dimension recorded on Monday.
• NAFEX: The Nigerian Autonomous International Trade Fixing charge stood at N464.10/$1 on Monday, twenty second Could 2023 from N464.80/$1 that was recorded on Friday nineteenth Could 2023.
• NIBOR: The Nigerian Inter-Financial institution Provided charge stood at 15.06% for the in a single day (O/N) tenor as of Monday 22^nd Could 2023. 1-month tenor (13.6%), 3-month (14.33%), whereas the 6-month tenor stood at 14.74%.
• NITTY: The Nigerian Inter-Financial institution Treasury Payments True Yields’ 1-month tenor charge stood at 3.74%, on Monday twenty second Could 2023.

1. 3-month – 5.39%
2. 6-month – 6.74%
3. 9-month – 7.72%
4. 12-month – 9.61%

• The S&P Sovereign Bond index stood at 620.16 index degree on Monday twenty second Could 2023 from 619.03 factors recorded within the earlier buying and selling session. This brings the month-to-date progress to 0.45, the quarter-to-date progress to 1.37 whereas the year-to-date progress to 0.96%.

---

Naira strengthens in opposition to US greenback at official market to N462.25/$1

The speed of change between the naira and the US greenback recorded a depreciation of 0.11% on the Traders and Exporters (I&E) window to shut at N463.5/$1 on Monday, twenty second Could 2023, from N463 to a greenback that was recorded final week Friday.

That is in response to Nairametrics each day foreign money replace, tracked and compiled from FMDQ Trade.

The change recorded a gap indicative charge of N463.5/$1 on the IEFX change market on Monday twenty second Could 2023, a marginal depreciation of 0.05% from N463.25/$1 that was recorded on Friday nineteenth Could 2023.

The change recorded a highest charge of N467/$1 in the course of the intra-day buying and selling on Monday twenty second Could 2023, similar charge as recorded within the final two earlier buying and selling periods, and with a ahead charge of N479.79/$1.

The bottom charge stood at N460/$1, the identical charge that was recorded within the final 9 buying and selling periods, since Tuesday ninth Could 2023, with a ahead charge of N467/$1.

Nevertheless, foreign exchange turnover elevated by 16.37% to $106.84 million on the official market on Monday twenty second Could 2023, from the $91.81 that exchanged fingers within the earlier session. In the meantime, the nation’s exterior reserves stood at $35.178 billion as of Thursday, 18th Could 2023, a marginal depreciation of 0.05% from $35.196 billion recorded as of Wednesday, seventeenth Could 2023.

Different indices

• The Cash market in a single day charge dropped by 200 foundation factors to 13.62% on Monday twenty second Could 2023, from 15.62% that was recorded within the earlier buying and selling session. Additionally, the Open Repo charge stood at 12.88%, recording a drop of 200 foundation factors from 14.88% recorded on nineteenth Could 2023.
• DEBT: The change debt market dimension as at Monday twentieth Could 2023 is N32.94 trillion, similar debt market dimension recorded final week Friday.
• NAFEX: The Nigerian Autonomous International Trade Fixing charge stood at N464.8/$1 on Friday, 18th Could 2023 from N465.07/$1 that was recorded on Thursday 18th Could 2023.
• NIBOR: The Nigerian Inter-Financial institution Provided charge stood at 16.45% for the in a single day (O/N) tenor as of Friday nineteenth Could 2023. 1-month tenor (13.83%), 3-month (14.64%), whereas the 6-month tenor stood at 15.17%.
• NITTY: The Nigerian Inter-Financial institution Treasury Payments True Yields’ 1-month tenor charge stood at 4.25%, on Friday nineteenth Could 2023.

1. 3-month – 5.76%
2. 6-month – 7.04%
3. 9-month – 8.27%
4. 12-month – 9.62%

• The S&P Sovereign Bond index stood at 619.03 index degree on Friday nineteenth Could 2023 from 618.51 factors recorded within the earlier buying and selling session. This brings the month-to-date progress to 0.27%, the quarter-to-date progress to 1.19% whereas the year-to-date progress to 0.77%.

---

Naira trades flat at official market to N463/$1 on nineteenth Could 2023

The change charge between the naira and the US greenback remained comparatively regular on the Traders and Exporters (I&E) window to shut at N463/$1 to a greenback on Friday, nineteenth Could 2023, similar charge as recorded within the earlier buying and selling day.

That is in response to Nairametrics each day foreign money replace, tracked and compiled from FMDQ Trade.

A gap indicative charge of N463.25/$1 was recorded on the IEFX change market on Friday nineteenth Could 2023, a marginal appreciation of 0.09% from N463.67/$1 that was recorded on 18th Could 2023.

The change recorded a highest charge of N467/$1 in the course of the intra-day buying and selling on Friday nineteenth Could 2023, similar charge as recorded within the earlier buying and selling periods, and with a ahead charge of N476.72/$1.

The bottom charge stood at N460/$1, similar charge that was recorded within the final 9 buying and selling periods, since Tuesday ninth Could 2023, with a ahead charge of N463/$1.

Nevertheless, the sum of $91.81 million was transacted on the official market on Friday nineteenth Could 2023, which is 11.92% lesser from the $104.24 that exchanged fingers within the earlier session. In the meantime, the nation’s exterior reserves stood at $35.196 billion as of Wednesday, seventeenth Could 2023, from $35.194 billion recorded as of Tuesday, sixteenth Could 2023.

Different indices

• The Cash market in a single day charge stood at 15.62% on Friday nineteenth Could 2023, having recorded a drop of 250 foundation factors, in comparison with 18.12% that was recorded within the earlier buying and selling session. Likewise, the Open Repo charge dropped by 262 foundation factors to face at 14.88% from 17.50% recorded on 18th Could 2023.
• DEBT: The change debt market dimension as at Friday nineteenth Could 2023 is N32.94 trillion, similar debt market dimension recorded in yesterday’s buying and selling session.
• NAFEX: The Nigerian Autonomous International Trade Fixing charge closed at N465.07/$1 on Thursday, 18th Could 2023 from N465.04/$1 that was recorded on Wednesday seventeenth Could 2023.
• NIBOR: The Nigerian Inter-Financial institution Provided charge stood at 18.8% for the in a single day (O/N) tenor as of Thursday 18th Could 2023. 1-month tenor (14.99%), 3-month (15.86%), whereas the 6-month tenor stood at 16.30%.
• NITTY: The Nigerian Inter-Financial institution Treasury Payments True Yields’ 1-month tenor charge stood at 4.34%, on Thursday 18th Could 2023.

1. 3-month – 5.65%
2. 6-month – 6.75%
3. 9-month – 8.27%
4. 12-month – 10.07%

• The S&P Sovereign Bond index stood at 618.51 index degree on Thursday 18th Could 2023 from 618.22 factors recorded within the earlier buying and selling session. This brings the month-to-date progress to 0.18%, the quarter-to-date progress to 1.10% whereas the year-to-date progress to 0.69%.

---

Naira strengthens at official market to N463/$1 on 18th Could 2023

The change charge between the Naira and US greenback on the Traders and Exporters (I&E) window recorded an upturn of 0.46% after three days of consecutive depreciation to shut at N463 to a greenback on Thursday, 18th Could 2023.

That is in response to Nairametrics each day foreign money replace, tracked and compiled from FMDQ Trade.

The change recorded a gap indicative charge of N463.67/$1 on Thursday 18th Could 2023, a marginal appreciation of 0.03% in comparison with N463.79/$1 that was recorded on seventeenth Could 2023.

The best charge of N467 to a greenback was recorded on the IEFX change market in the course of the intra-day buying and selling on Thursday 18th Could 2023, from N466.89/$1 that was recorded within the earlier buying and selling periods, and with a ahead charge of N476.72/$1.

The bottom charge stood at N460/$1, similar charge that was recorded within the final eight buying and selling periods, since Tuesday ninth Could 2023, with a ahead charge of N463/$1.

Nevertheless, the foreign exchange turnover decreased by 60.96% to $104.24 million on the official market on Thursday 18th Could 2023 from the $267.04 that exchanged fingers within the earlier session. In the meantime, the nation’s exterior reserves stood at $35.196 billion as of Wednesday, seventeenth Could 2023, from $35.194 billion recorded as of Tuesday, sixteenth Could 2023.

Different indices

• The Cash market in a single day charge dropped by 13 foundation factors to 18.12% on Thursday 18th Could 2023, from 18.25% that was recorded within the earlier buying and selling session. Likewise, the Open Repo charge stood at 17.50%, having dropped by 38 foundation factors from 17.88% recorded on seventeenth Could 2023.
• DEBT: The change debt market dimension as at Thursday 18th Could 2023 is N32.94 trillion. This can be a important appreciation of 1.57% from the debt market dimension of N32.43 trillion recorded in yesterday’s buying and selling session.
• The S&P Sovereign Bond index stood at 618.22 index degree on seventeenth Could 2023 from 617.72 factors recorded within the earlier buying and selling session. This brings the month-to-date progress to 0.13%, the quarter-to-date progress to 1.06% whereas the year-to-date progress to 0.64%.
• NAFEX: The Nigerian Autonomous International Trade Fixing charge depreciated by 0.10% to shut at N465.04/$1 on Wednesday, seventeenth Could 2023 from N464.58/$1 that was recorded on Tuesday sixteenth Could 2023.
• NIBOR: The Nigerian Inter-Financial institution Provided charge stood at 18.25% for the in a single day (O/N) tenor as of Wednesday seventeenth Could 2023. 1-month tenor (16.73%), 3-month (17.16%), whereas the 6-month tenor stood at 17.33%.
• NITTY: The Nigerian Inter-Financial institution Treasury Payments True Yields’ 1-month tenor charge stood at 4.41%, on Wednesday seventeenth Could 2023.
  • 3-month – 5.80%
  • 6-month – 6.73%
  • 9-month – 8.09%
  • 12-month – 9.48%

---

Official market charge drops to N465.13/$1 on seventeenth Could 2023

Naira depreciated by 0.10% in opposition to the US greenback on the Traders and Exporters (I&E) window to shut at N465.13/$1 on Wednesday, seventeenth Could 2023, in comparison with the closing charge of N464.67/$1 it recorded within the earlier buying and selling session.

That is in response to Nairametrics each day foreign money replace, tracked and compiled from FMDQ Trade.

A gap indicative charge of N463.79/$1  was recorded on the IEFX change market on Wednesday seventeenth Could 2023, from N463.96/$1 that was recorded on sixteenth Could 2023.

The change recorded it highest charge in the course of the intra-day buying and selling at N466.89/$1, on Wednesday seventeenth Could 2023, from N467 to a greenback that was recorded within the final 5 buying and selling periods, and with a ahead charge of N472/$1 whereas the bottom charge stood at N460/$1, similar charge that was recorded since final week Tuesday ninth Could 2023, with a ahead charge of N458.95/$1.

Notably, the sum of $267.04 million was transacted on the official market on Wednesday seventeenth Could 2023, which is 109.08% increased than the $127.72 that exchanged fingers within the earlier session. In the meantime, the nation’s exterior reserves stood at $35.194 billion as of Tuesday, sixteenth Could 2023, from $35.192 billion recorded as of Monday, fifteenth Could 2023.

Different indices

• The Cash market in a single day charge improved by 413 foundation level to 18.25% on Wednesday seventeenth Could 2023, from 14.12% recorded within the earlier buying and selling session. Likewise, the Open Repo charge elevated by 450 foundation level to face at 17.88% on seventeenth Could 2023.
• DEBT: The change debt market dimension as at Wednesday seventeenth Could 2023 is N32.42 trillion, a marginal appreciation of 0.03% from the debt market dimension of N32.42 trillion recorded in yesterday’s buying and selling session.
• The S&P Sovereign Bond index stood at 617.72 index degree on sixteenth Could 2023 from 619.21 factors recorded on Monday, fifteenth Could 2023. This brings the day-to-date progress to 0.24%, the quarter-to-date progress to 0.97% whereas the year-to-date progress to 0.56%.
• NAFEX: The Nigerian Autonomous International Trade Fixing charge reorded a marginal appreciation of 0.09% to shut at N464.58/$1 on Tuesday, sixteenth Could 2023 in comparison with N465/$1 that was recorded on Monday fifteenth Could 2023.
• NIBOR: The Nigerian Inter-Financial institution Provided charge stood at 15.22% for the in a single day (O/N) tenor as of Tuesday sixteenth Could 2023. 1-month tenor (14.4%), 3-month (14.9%), whereas the 6-month tenor stood at 15.6%.
• NITTY: The Nigerian Inter-Financial institution Treasury Payments True Yields’ 1-month tenor charge stood at 4.45%, on Tuesday sixteenth Could 2023.
  • 3-month – 5.46%
  • 6-month – 6.04%
  • 9-month – 7.75%
  • 12-month – 9.40%

---

Naira falls in opposition to US greenback at official market to N464.67/$1 on sixteenth Could 2023

The change charge on the Traders and Exporters (I&E) window between the naira and US greenback depreciated to shut at N464.67/$1 on Tuesday, sixteenth Could 2023. This charge signify a drop of 0.14%  from the closing charge of N464/$1 it recorded within the earlier buying and selling session.

That is in response to Nairametrics each day foreign money replace, tracked and compiled from FMDQ Trade.

A gap indicative charge of N463.96/$1  was recorded on the IEFX change market on Tuesday sixteenth Could 2023, from N463.5 to a greenback that was recorded on fifteenth Could 2023.

The best charge, in the identical vein, throughout intra-day buying and selling stood at N467/$1, on Tuesday sixteenth Could 2023, similar charge that was recorded within the final 5 buying and selling periods, with a ahead charge of N481.58/$1 whereas the bottom charge stood at N460/$1, similar charge that was recorded since final week Tuesday ninth Could 2023, with a ahead charge of N475.06/$1.

Nevertheless, foreign exchange turnover skilled a notable improve of 131.8% to $127.72 million on the official market on Tuesday sixteenth Could 2023, from the $55.10 that exchanged fingers within the earlier session. In the meantime, the nation’s exterior reserves stood at $35.192 billion as of Monday, fifteenth Could 2023, from $35.188 billion recorded as of Friday, twelfth Could 2023. This represents a marginal appreciation of 0.01% from its 6-consecutive depreciations .

Different indices

• The Cash market in a single day charge stood at 14.12% on Tuesday sixteenth Could 2023, a 25 foundation factors improve from 13.88% recorded within the earlier buying and selling session. Likewise, the Open Repo charge elevated by 25 foundation level to face at 13.38% on 156h Could 2023.
• DEBT: Debt securities dimension is valued at N32.42 trillion on Tuesday fifteenth Could 2023, the debt dimension remained unchanged from the earlier buying and selling session, the place it additionally stood at N32.42 trillion.
• The S&P Sovereign Bond index stood at 619.21 index degree on fifteenth Could 2023 from 618.47 factors recorded on Friday, twelfth Could 2023. This brings the month-to-date progress to 0.29%, the quarter-to-date progress to 1.22% whereas the year-to-date progress to 0.80%.
• NAFEX: The Nigerian Autonomous International Trade Fixing charge depreciated by 0.11% to shut at N465/$1 on Monday, fifteenth Could 2023 from N464.5/$1 that was recorded on Friday twelfth Could 2023.
• NIBOR: The Nigerian Inter-Financial institution Provided charge stood at 14.19% for the in a single day (O/N) tenor as of Monday fifteenth Could 2023. 1-month tenor (14.7%), 3-month (15.65%), whereas the 6-month tenor stood at 16.54%.
• NITTY: The Nigerian Inter-Financial institution Treasury Payments True Yields’ 1-month tenor charge stood at 3.73%, on Monday fifteenth Could 2023.
  • 3-month – 4.84%
  • 6-month – 5.94%
  • 9-month – 7.49%
  • 12-month – 9.34%

---

Naira improves marginally in opposition to US greenback to N462.73/$1 on eleventh Could 2023

Naira recorded a marginal appreciation of 0.04% in opposition to the US greenback on the Traders and Exporters (I&E) window to shut at N462.73/$1 on Thursday, eleventh Could 2023, in comparison with the closing charge of N463.02/$1 it recorded on Wednesday, tenth Could 2023.

That is in response to Nairametric’s each day foreign money replace, tracked and compiled from FMDQ Trade.

The change recorded a gap indicative charge of N462.83/$1 on the IEFX on Thursday eleventh Could 2023, from a gap charge of N463/$1 that was recorded on 109 Could 2023.

The best charge, in the identical vein, throughout intra-day buying and selling stood at N467/$1, similar charge that was recorded within the earlier buying and selling session, whereas the bottom charge stood at N460/$1, similar charge recorded on Wednesday tenth Could 2023.

Nevertheless, the sum of $178.68 million was transacted on the official market on Thursday eleventh Could 2023, which is similar sum of foreign exchange turnover that exchanged fingers within the earlier session. In the meantime, the nation’s exterior reserves stood at $35.22 billion as of Wednesday, tenth Could 2023, a marginal depreciation of 0.04% from $35.24 billion recorded as of Tuesday, ninth Could 2023.

Different indices

• The Cash market in a single day charge stood at 11.38% on Wednesday eleventh Could 2023, similar charge that was recorded within the earlier buying and selling session. The Open Repo charge stood at 11% on eleventh Could 2023, the identical charge it recorded within the earlier buying and selling session.
• DEBT: Debt securities dimension is valued at N32.40 trillion on Thursday eleventh Could 2023, from N32.69 trillion recorded on Wednesday tenth Could 2023.
• The S&P Sovereign Bond index stood at 617.56 index degree on tenth Could 2023 from 617.13 factors recorded on Tuesday, ninth Could 2023. This brings the quarter-to-date progress to 0.95% whereas the year-to-date progress to 0.53%.
• NAFEX: The Nigerian Autonomous International Trade Fixing charge appreciated marginally by 0.02% to shut at N463/$1 on Wednesday, tenth Could 2023 in comparison with N463.08 that was recorded on Tuesday ninth Could 2023.
• NIBOR: The Nigerian Inter-Financial institution Provided charge stood at 11.25% for the in a single day (O/N) tenor as of Wednesday tenth Could 2023. 1-month tenor (11.55%), 3-month (12.55%), whereas the 6-month tenor stood at 13.15%.
• NITTY: The Nigerian Inter-Financial institution Treasury Payments True Yields’ 1-month tenor charge stood at 3.87%, on Wednesday tenth Could 2023.
  • 3-month – 5.57%
  • 6-month – 6.70%
  • 9-month – 8.70%
  • 12-month – 10.46%

---

Trade charge at official market depreciates to N463.02/$1 on tenth Could 2023

Trade charge at official market depreciates to N463.02/$1 on tenth Could 2023The change charge between the naira and the US greenback depreciated on the Traders and Exporters (I&E) window to shut at N463.002/$1 on Wednesday, tenth Could 2023. This represents a fall of 0.17% from the closing charge of N462.25/$1 it recorded on Tuesday, ninth Could 2023.

That is in response to Nairametrics each day foreign money replace, tracked and compiled from FMDQ Trade.

The change recorded a gap indicative charge of N463/$1 on the IEFX on Wednesday tenth Could 2023, from a gap charge of N463.7/$1 that was recorded on ninth Could 2023.

The best charge, in the identical vein, throughout intra-day buying and selling stood at N467/$1, from N466/$1 recorded within the earlier buying and selling session, whereas the bottom charge stood at N460/$1, similar charge recorded on Tuesday ninth Could 2023.

Nevertheless, the sum of $178.68 million was transacted on the official market on Wednesday tenth Could 2023, which is 80.78% increased from the $98.84 million that exchanged fingers within the earlier session. In the meantime, the nation’s exterior reserves stood at $35.24 billion as of Tuesday, ninth Could 2023, a marginal depreciation of 0.06% from $35.26 billion recorded as of Monday, eighth Could 2023.

Different indices

• The Cash market in a single day charge elevated by 6% to 11.38% on Wednesday tenth Could 2023, from the 11.32% recorded within the earlier buying and selling session. The Open Repo charge stood at 11% on tenth Could 2023, the identical charge it recorded within the earlier buying and selling session.
• DEBT: Debt securities dimension is valued at N32.69 trillion on Wednesday tenth Could 2023, from N32.68 trillion recorded on Tuesday ninth Could 2023.
• The S&P Sovereign Bond index stood at 617.13 index degree on ninth Could 2023 from 617.68 factors recorded on Monday, eighth Could 2023. This brings the quarter-to-date progress to 0.88% whereas the year-to-date progress to 0.46%.
• NAFEX: The Nigerian Autonomous International Trade Fixing charge depreciated marginally by 0.08% to shut at N463.08/$1 on Tuesday, ninth Could 2023 from N462.71 that was recorded on Monday eighth Could 2023.
• NIBOR: The Nigerian Inter-Financial institution Provided charge stood at 11.38% for the in a single day (O/N) tenor as of Tuesday ninth Could 2023. 1-month tenor (12.18%), 3-month (12.71%), whereas the 6-month tenor stood at 13.33%.
• NITTY: The Nigerian Inter-Financial institution Treasury Payments True Yields’ 1-month tenor charge stood at 3.76%, on Tuesday ninth Could 2023.
  • 3-month – 5.50%
  • 6-month – 6.83%
  • 9-month – 8.63%
  • 12-month – 10.57%

 

---

Naira strengthens in opposition to US greenback at official market to N462.25/$1 on ninth Could 2023

Naira recorded an appreciation of 0.11% in opposition to the US greenback on the Traders and Exporters (I&E) window to shut at N462.25/$1 on Tuesday, ninth Could 2023, from the closing charge of N462.78/$1 that was recorded on Monday.

That is in response to Nairametric’s each day foreign money replace, tracked and compiled from FMDQ Trade.

A gap indicative charge of N463.5/$1 was recorded on the IEFX on Tuesday ninth Could 2023, from a gap charge of N463.7/$1 that was recorded on eighth Could 2023.

Likewise, the best charge throughout intra-day buying and selling stood at N466/$1, with a ahead charge of N463/$1, whereas the bottom charge stood at N446/$1 with a ahead charge of N462/$1.

Foreign exchange turnover transacted on the official market on Tuesday ninth Could 2023, decreased by 0.49% to $98.84 million from the $99.33 million that exchanged fingers within the earlier session. In the meantime, the nation’s exterior reserves stood at $35.26 billion as of Monday, eighth Could 2023, a marginal depreciation of 0.06% from $35.28 billion recorded as of Friday, fifth Could 2023.

Different indices

• The Cash market in a single day charge stood at 11.32% on ninth Could 2023, from the 11.34% recorded on Monday, eighth Could 2023. The Open Repo charge stood at 11%, the identical charge it recorded within the earlier buying and selling session.
• DEBT: Debt securities sized is valued at N32.68 trillion on Tuesday ninth Could 2023, from N32.56 trillion recorded on Monday eighth Could 2023.
• The S&P Sovereign Bond index stood at 617.68 index degree on eighth Could 2023 from 617.93 factors recorded on Friday, fifth Could 2023. This brings the month-to-date progress to 0.05%, the quarter-to-date progress to 0.97% and the year-to-date progress to 0.55%.
• NAFEX: The Nigerian Autonomous International Trade Fixing charge depreciated marginally by 0.01% to shut at N462.71/$1 on Monday, eighth Could 2023.
• NIBOR: The Nigerian Inter-Financial institution Provided charge stood at 11.45% for the in a single day (O/N) tenor as of Monday eighth Could 2023. 1-month tenor (12.37%), 3-month (13.15%), whereas the 6-month tenor stood at 13.95%.
• NITTY: The Nigerian Inter-Financial institution Treasury Payments True Yields’ 1-month tenor charge stood at 3.88%, on Monday eighth Could 2023.
  • 3-month – 5.36%
  • 6-month – 6.77%
  • 9-month – 8.88%
  • 12-month – 10.86%

---

Official market charge falls to N462.78/$1 on eighth Could 2023

The change charge between the naira and the US greenback depreciated on the Traders and Exporters (I&E) window to shut at N462.78/$1 on Monday, eighth Could 2023, representing a fall of 0.12% from the closing charge of N462.23/$1 that was recorded final week Friday.

That is in response to Nairametric’s each day foreign money replace, tracked and compiled from FMDQ Trade.

The change charge on the IEFX recorded a gap indicative charge of N463.7/$1 on Monday eighth Could 2023, from a gap charge of N463.5/$1 recorded on fifth Could 2023.

Likewise, the best charge throughout intra-day buying and selling stood at N466 to a greenback, with a ahead charge of N478.61/$1, whereas the bottom charge stood at N446/$1 with a ahead charge of N478.61/$1.

Nevertheless, the sum of $99.33 million was traded on the official market on Monday eighth Could 2023, which is 22.57% decrease than the $128.29 million that exchanged fingers within the earlier session.

In the meantime, the nation’s exterior reserves stood at $35.28 billion as of Friday, fifth Could 2023, a marginal depreciation of 0.03% from $35.29 billion recorded as of Thursday, 4th Could 2023.

Different indices

• The Cash market in a single day charge dropped by 4 foundation factors to face at 11.34% on eighth Could 2023, from the 11.38% recorded on Friday, fifth Could 2023. The Open Repo charge stood at 11%, the identical charge it recorded within the earlier buying and selling session.
• DEBT: Debt securities sized is valued at N32.56 trillion on Monday eighth Could 2023, the identical charge as recorded on Friday fifth Could 2023.
• The S&P Sovereign Bond index stood at 617.93 index degree on fifth Could 2023 from 617.7 factors recorded on Thursday, 4th Could 2023. This brings the month-to-date progress to 0.13%, the quarter-to-date progress to 1.01% and the year-to-date progress to 0.59%.
• NAFEX: The Nigerian Autonomous International Trade Fixing charge depreciated marginally by 0.02% to shut at N462.67/$1 on Friday, fifth Could 2023.
• NIBOR: The Nigerian Inter-Financial institution Provided charge stood at 11.47% for the in a single day (O/N) tenor as of Friday fifth Could 2023. 1-month tenor (11.48%), 3-month (12.24%), whereas the 6-month tenor stood at 13.04%.
• NITTY: The Nigerian Inter-Financial institution Treasury Payments True Yields’ 1-month tenor charge stood at 4.62%, on Friday fifth Could 2023.
  • 3-month – 5.77%
  • 6-month – 6.76%
  • 9-month – 8.52%
  • 12-month – 10.49%

 

---

Trade charge positive aspects at official market on fifth Could 2023, appreciating to N462.23/$1

Naira appreciated in opposition to the US greenback on the Traders and Exporters (I&E) window to shut at N462.23/$1 on Friday, fifth Could 2023. This represents an enchancment of 0.14% from the closing charge of N462.88 to a greenback recorded within the earlier buying and selling session.

That is in response to Nairametric’s each day foreign money replace, tracked and compiled from FMDQ Trade.

The change charge on the IEFX recorded a gap indicative charge of N463.5/$1 on Friday fifth Could 2023, from N463.25/$1 that was recorded on 4th Could 2023.

Additionally, the best charge throughout intra-day buying and selling stood at N466 to a greenback, with a ahead charge of N478.25/$1, whereas the bottom charge stood at N446/$1 with a ahead charge of N478.25/$1.

Foreign exchange turnover, nevertheless, elevated by 18.32% to $128.29 million on the official market on Friday fifth Could 2023, from the $108.43 million that exchanged fingers within the earlier session. In the meantime, the nation’s exterior reserves stood at $35.276 billion as of Wednesday, third Could 2023 from $35.278 billion recorded as of Tuesday, 2nd Could 2023.

Different indices

• The Cash market in a single day charge stood at 11.38% on fifth Could 2023, the identical charge it recorded on Thursday, 4th Could 2023. The Open Repo charge stood at 11%, the identical charge it recorded within the earlier buying and selling session.
• DEBT: Debt securities are valued at N32.56 trillion on Friday fifth Could 2023, from the N32.57 trillion that was recorded on Thursday 4th Could 2023.
• The S&P Sovereign Bond index dropped to 617.70 index degree on 4th Could 2023 in comparison with 618.52 factors recorded on Wednesday, third Could 2023. This brings the month-to-date progress to a damaging valuation of 0.13%, the quarter-to-date progress to 0.97% and the year-to-date progress to 0.56%.
• NAFEX: The Nigerian Autonomous International Trade Fixing charge appreciated marginally by 0.07% to shut at N462.58/$1 on Thursday, 4th Could 2023.
• NIBOR: The Nigerian Inter-Financial institution Provided charge stood at 11.29% for the in a single day (O/N) tenor as of Thursday 4th Could 2023. 1-month tenor (12.33%), 3-month (13.11%), whereas the 6-month tenor stood at 13.60%.
• NITTY: The Nigerian Inter-Financial institution Treasury Payments True Yields’ 1-month tenor charge stood at 4.68%, on Thursday 4th Could 2023.
  • 3-month – 5.69%
  • 6-month – 6.63%
  • 9-month – 8.28%
  • 12-month – 10.28%

---

Naira appreciates to N462.88/$1 at official market on 4th Could 2023

The change charge between the naira and the US greenback appreciated marginally by 0.03% on the Traders and Exporters (I&E) window to shut at N462.88/$1 on Thursday, 4th Could 2023, in comparison with the closing charge of N463 to a greenback recorded within the earlier buying and selling session.

That is in response to Nairametric’s each day foreign money replace, tracked and compiled from FMDQ Trade.

The change charge on the IEFX recorded a gap indicative charge of N463.25/$1 on 4th Could 2023, from N463.17/$1 it recorded on Wednesday.

Additionally, the best charge throughout intra-day buying and selling stood at N466 to a greenback, with a ahead charge of N477.86/$1, whereas the bottom charge stood at N460/$1 with a ahead charge of N473.72/$1.

Notably, the sum of $108.43 million was transacted on the official market on 4th Could 2023, which considerably elevated by 107.24% from the $52.32 million that exchanged fingers within the earlier session. In the meantime, the nation’s exterior reserves stood at $35.28 billion as of Tuesday, 2nd Could 2023 from $35.25 billion recorded as of Friday, twenty eighth April 2023.

Different indices

• The Cash market in a single day charge dropped by 12 foundation factors from 11.50% recorded on third Could 2023, to 11.38% on Thursday, 4th Could 2023. The Open Repo charge stood at 11%, similar charge as recorded on Wednesday third Could 2023.
• DEBT: Debt securities is valued at N32.57 trillion on Thursday 4th Could 2023, similar as recorded on Wednesday third Could 2023.
• The S&P Sovereign Bond index rose to 618.52 index factors on third Could 2023 in comparison with 618.2 factors recorded on Tuesday, 2nd Could 2023. This brings the month-to-date progress to 0.18%, the quarter-to-date progress to 1.11% whereas the year-to-date progress to 0.69%.
• NAFEX: The Nigerian Autonomous International Trade Fixing charge fell marginally by 0.06% to shut at N462.90/$1 on Wednesday, third Could 2023.
• NIBOR: The Nigerian Inter-Financial institution Provided charge stood at 11.38% for the in a single day (O/N) tenor as of Wednesday third Could 2023. 1-month tenor (12.79%), 3-month (13.96%), whereas the 6-month tenor stood at 14.44%.
• NITTY: The Nigerian Inter-Financial institution Treasury Payments True Yields’ 1-month tenor charge stood at 4.05%, on Wednesday third Could 2023.
  • 3-month – 5.51%
  • 6-month – 6.53%
  • 9-month – 8.24%
  • 12-month – 9.80%

---

Official change charge depreciates to N463/$1 on third Could 2023

Naira depreciated by 0.14% in opposition to the US greenback on the Traders and Exporters (I&E) window to shut at N463/$1 on Wednesday, third Could 2023, from the closing charge of N462.33/$1 recorded within the earlier buying and selling session.  

That is in response to Nairametrics each day foreign money replace, tracked and compiled from FMDQ Trade. 

The change charge on the IEFX recorded a gap indicative charge of N463.17/$1 on third Could 2023, representing an appreciation of 0.13% in distinction to N463.75/$1 it recorded on Monday, 2nd Could 2023. 

Additionally, the best charge throughout intra-day buying and selling stood at N465/$1, with a ahead charge of N467/$1, whereas the lowest charge stood at N460/$1 with a ahead charge of N467/$1. 

Nevertheless, foreign exchange turnover elevated by 13.64% to $52.32 million on the official market on Wednesday third Could 2023, from the $46.04 million that exchanged fingers within the earlier session. In the meantime, the nation’s exterior reserves stood at $35.28 billion as of Tuesday, 2nd Could 2023 from $35.25 billion recorded as of Friday, twenty eighth April 2023. 

 

Different indices 

• The Cash market in a single day charge rose by 12 foundation factors from 11.38% recorded on Tuesday 2nd Could 2023 to 11.50% on Wednesday, third Could 2023. The Open Repo charge stood at 11%, the identical charge as recorded on Tuesday 2nd Could 2023. 
• DEBT: Debt securities are valued at N32.57 trillion on Wednesday third Could 2023, from N32.58 trillion recorded on Tuesday 2nd Could 2023. 

• The S&P Sovereign Bond index rose to 618.2 index factors on 2nd Could 2023 in comparison with 617.63 factors recorded on Friday, twenty eighth April 2023. This brings the month-to-date progress to 0.13%, the quarter-to-date progress to 1.05% and the year-to-date progress to 0.64%. 
• NAFEX: The Nigerian Autonomous International Trade Fixing charge appreciated marginally by 0.02% to shut at N462.63/$1 on Tuesday, 2nd Could 2023. 
• NIBOR: The Nigerian Inter-Financial institution Provided charge stood at 12% for the in a single day (O/N) tenor as of Tuesday 2nd Could 2023. 1-month tenor (13.2%), 3-month (14.13%), whereas the 6-month tenor stood at 14.5%. 
• NITTY: The Nigerian Inter-Financial institution Treasury Payments True Yields’ 1-month tenor charge stood at 4.41%, on Tuesday 2nd Could 2023. 

• 6-month – 6.91% 
• 9-month – 8.52% 
• 12-month – 10.00% 

Associated