Greenback To Naira Alternate Charge For Right now 04 March 2023

Greenback To Naira Alternate Charge For Right now 04 March 2023

Discover under, Greenback to Naira alternate price for at the moment, 04 March 2023.

Way of life Nigeria has obtained the official greenback to the naira alternate price in Nigeria at the moment, together with the Bureau De Change (BDC) price and CBN charges.

What Is The Official Alternate Charge For Greenback To Naira Right now?

The alternate price between the Naira and the US greenback in accordance with the information launched on the FMDQ Security Exchange the official foreign currency trading portal confirmed that the Naira opened at ₦461.33 per greenback on Thursday, March 3, 2023, and closed at ₦461.75 per $1 on Thursday, March 3, 2023.

Despite the fact that the greenback opened within the parallel market for ₦754 per $1, the CBN doesn’t recognise the parallel market, in any other case referred to as the black market. The apex financial institution has due to this fact directed anybody who requires foreign exchange to strategy their financial institution, insisting that the I&E window is the one recognized alternate.

“The one alternate price stays the I&E window, which is the market we count on all people who needs to obtain or promote foreign exchange to get it,” stated the CBN Governor, Godwin Emefiele.

“I’m sorry to say that I don’t, and I don’t intend to recognise any FX available in the market.

“Go to your financial institution. Even when your restrict is above what the financial institution is promoting, put it ahead, and we are going to look into it. If you wish to promote the greenback, go to your financial institution and promote it,” he stated throughout a press briefing on September 17, 2021.

Disclaimer: Way of life Nigeria doesn’t set or decide foreign exchange charges. The official NAFEX charges are obtained from the web site of the FMDQOTC. Parallel market charges are obtained from varied sources, together with on-line media retailers. The charges you purchase or promote foreign exchange could also be totally different from what’s captured on this article.

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