The official rate today, Thursday, April 21st,2022, for $1 dollar to naira = ₦417.81/$1. According to the data obtained from theFMDQ, where Naira is traded officially, the exchange rate between the naira and the US dollar opened at₦417.81/$1on Thursday 21st, after it closed at...
The Pound to Dollar exchange rate neared 2022 lows in the final session of the week as U.S. government bond yields rose further and the greenback’s strength broadened, leaving Sterling vulnerable in the context of recent uncertainty about the Bank of England (BoE) interest rate outlook. Po...
which knocked the unemployment rate down to 5.3% from 5.5%. That is the lowest level since they started keeping records in 1976. It also confirms that the Canadian economy no longer requires any stimulus and supports an aggressive rate-hiking path by the Bank of Canada. ...
Turkiye's annual inflation reached a record high 79.6 percent in July, the highest in 24 years. One dollar was traded at 18.09 Turkish liras on Aug 21, marking a loss in value of 100 percent compared with a year ago, when the exc...
Judicial entities have banned sites reporting the black market and parallel rate believing they were responsible for the inflation. There was no change in the exchange rate following the ban. The961 was blocked for 9 hours following the execution of this ban for our coverage – despite there bei...
The US dollar has been gaining strength relative to other major global currencies since the beginning of this year. So far, the US dollar index has grown more than 13 percent to hover around 109. The higher-than-expected interest rate hikes by the Uni...
The dollar fell against other major currencies on Wednesday on news that U.S. inflation slowed more than expected, increasing the likelihood that the Federal Reserve could pause its interest rate hikes. U.S. Labor Department data showed April inflation cooled to 4.9%, the smallest year-over-ye...
Dollar to Naira exchange Rate today. The parallel market rates is from a bureau de change on Lagos Mainland. Rates vary based on location (demand and supply, purchasing pwer etc). Rates on Lagos Island, Lekki axis and Abuja are usually higher than Lagos Mainland. Rates in other cities may...
Canadian Dollar Offered Rate Request details Publication of CDOR has ceased The final publication of all tenors of CDOR was on Friday 28th June 2024. See the CDOR Cessation Reminder Notice (issued on 30th April 2024) or the originalCDOR Cessation Notice(issued on 16th May 2022) underKey ...
Since March last year, the Fed has raised interest rates nine times in a row, with a cumulative rate hike of 475 basis points. The U.S. interest rate now stands at the highest level since September 2007. This photo taken on April 20, 2022 shows the U.S. Federal Reserve in Washington...