English>
Your daily Naira exchange rate

Market News

Dollar steady as markets await Trump tariff clarity, central banks - REUTERS

JANUARY 23, 2025

By  and 


Summary

  • Trump's mooted levies so far viewed as moderate
  • Dollar has fallen since inauguration
  • Bank of Japan set to raise rates on Friday

TOKYO/LONDON, Jan 23 (Reuters) - The dollar traded in narrow ranges against major peers on Thursday, as the currency continued to struggle for direction in the absence of concrete announcements on tariffs from U.S. President Donald Trump.
A spate of central bank policy decisions could move currencies over the next week, with the Bank of Japan widely expected to raise interest rates at the end of a two-day meeting on Friday.
Rate decisions from the U.S. Federal Reserve and European Central Bank are scheduled for Wednesday and Thursday of next week, respectively.

MARKET NEWS

January 23 Naira Reforms Offer Investors an Opportunity, Nigeria Central Bank Chief Says - BLOOMBERG January 23 Gold Hits Highest Price Since October Amid Trump Tariff Talk - BLOOMBERG January 23 Nigeria’s Oil Comeback to Test Its Commitment to OPEC+ Cuts - BLOOMBERG January 23 Nigeria’s public debt rises by N8.02trn to N142.3trn in Q3 2024 - DAILY TRUST January 23 EU Proposes Extending London Clearing House Exemption Until 2028 - BLOOMBERG January 23 Oil-Rich Gabon’s Dollar Bonds Rally as Junta Sets Election Date - BLOOMBERG January 23 CBN Okays Release Of FX Code As Naira Gains N2.20k Against Dollar - INDEPENDENT January 23 Kenyan shilling stable, supported by foreign exchange remittances - REUTERS January 23 Weakened Naira Pushes Nigeria’s Public Debt Stock To N142trn - January 23 Dollar flat as market awaits tariff direction, central bank decisions - REUTERS January 23 Naira crash, domestic borrowing balloon Nigeria’s debt to N142.3trn in Q3 2024 - THE SUN January 23 Canadians continue to struggle financially due to higher costs: RBC poll - THE CANADIAN PRESS January 23 Dollar steady as markets await Trump tariff clarity, central banks - REUTERS January 23 Norway central bank keeps rate on hold, plans March cut - REUTERS January 23 Debt servicing gulped N3.57tn in Q3 2024 – DMO - PUNCH January 23 Mexico’s Inflation Slows as Investors Mull Pace of Rate Cuts - BLOOMBERG January 23 Turkey Cuts Rates by 250 Basis Points For Second Time in Row - BLOOMBERG January 23 Bank of Canada urged to 'take a breather' and hold rates as Trump rattles trade - YAHOO FINANCE January 23 Turkey's central bank lowers benchmark interest rate to 45% - AP January 23 Weak naira: CBN urges businesses to embrace export - PUNCH January 23 Ugandan shilling flat as FX appetite subdued, traders say - REUTERS January 23 Statistics paint grim picture of food security in Nigeria – Media Trust chair - DAILY TRUST January 23 Nigeria's central bank says GDP to grow 4.17% in 2025, inflation to ease - REUTERS January 23 FG projects N84tn revenue in 2025 - PUNCH January 23 ‘Nigeria Needs $100bn Yearly To Stabilise Naira’ - NEW TELEGRAPH January 23 EU Commission investigates depth of EU safety net for stablecoin holders - REUTERS January 23 Sterling dips as traders remain cautious on Trump tariffs - REUTERS January 23 ‘Trump Policies May Weaken Naira, Worsen Nigeria’s Debt Servicing Costs’ - INDEPENDENT January 23 Cardoso Outlines Plan to Curb Naira Commoditisation - THISDAY January 23 Nigeria’s debt stock surges to N142trn on weak naira - BUSINESSDAY

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