English>
Your daily Naira exchange rate

Market News

Argentine Peso Breaches Trading Limit, Upends Milei FX Strategy - BLOOMBERG

SEPTEMBER 17, 2025

By 


The Argentine peso slumped on Wednesday, breaching the trading band set by the government for the first time and threatening to throw its policies to control inflation and build up foreign currency reserves into disarray.

The currency fell by almost 0.4% to hit 1,474.50 pesos per dollar, beyond the upper level of the band, which was set at 1,474.345 pesos per dollar for today. The trading limits were part of $20 billion deal Argentina struck with the International Monetary Fund in April.


MARKET NEWS

September 17 Bank of Canada cuts key interest rate to 2.5% amid weakening economy - INVESTING.COM September 17 U.S. Fed cuts rates by quarter of a percentage point, sees steady pace of cuts coming... (read more) September 17 Dollar slips after Fed cuts rates - REUTERS September 17 Fed Cuts Rates Quarter Point, Signals Labor Market Concerns - BLOOMBERG September 17 Sterling steady after UK inflation data and ahead of Fed - REUTERS September 17 African manufacturers in last-ditch bid to extend US trade programme - REUTERS September 17 Global Debt Remains Above 235% of World GDP - CNBC September 17 Deutsche Bank raises 2026 gold forecast to $4,000 as bullion hits record highs - REUTERS September 17 China to Smooth Gold Imports as Prices Soar and Yuan Rallies - BLOOMBERG September 17 Oil’s Run of Gains Cools With Focus on Russian Flows and Fed - BLOOMBERG September 17 World Must Spend $540 Billion a Year Looking for Oil and Gas, IEA Says - BLOOMBERG September 17 US Consumer Credit Scores Fall at Fastest Rate Since Financial Crisis - BLOOMBERG September 17 US Consumer Credit Scores Fall at Fastest Rate Since Financial Crisis - BLOOMBERG September 17 Argentine Peso Breaches Trading Limit, Upends Milei FX Strategy - BLOOMBERG September 17 Dollar rises from four-year low versus euro; Powell remarks in focus - REUTERS September 17 Gold Slips From Record High Before Fed’s Rate Decision - BLOOMBERG September 17 Pound hits two-month high as UK wage growth remains 'stubbornly high' - YAHOO FINANCE September 17 Bank of Canada cuts key interest rate to 2.5% - BLOOMBERG September 17 Gold uptrend intact, but due for correction before topping $4,000 in 2026 - REUTERS September 17 UK jobs market slows again, offering some inflation relief to Bank of England - REUTERS September 17 Uganda to cut public spending, domestic borrowing in 2026/27 FY - REUTERS September 17 Naira records highest appreciation against US dollar - DAILY POST September 17 South African inflation surprise makes Thursday’s rate decision a close call - September 17 Trump’s Fed pressure campaign will lead to higher inflation, weaker growth, according... (read more) September 17 South African rand flat ahead of expected US rate cut, local inflation print - REUTERS September 17 Naira appreciates below N1,500 against dollar first time in seven months - DAILY POST September 17 Nigerian banks eye finishing line on recapitalisation - AFRICAN BUSINESS September 17 Reforms spur naira recovery, FX reserves hit $41.69bn - THE NATION September 17 Naira down to N1,535/$ in parallel market - VANGUARD September 17 Naira records highest appreciation against US dollar - DAILY POST

SEE HOW MUCH YOU GET IF YOU SELL

NGN
© 2025 abokiFX | All Rights Reserved
This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics