[Tree] Naira's exchange rate fluctuations and economic implications

Version 0.74 (2024-10-05 12:47:20.547000)

updates: Recent appreciation and market dynamics of the naira

Version 0.73 (2024-10-03 07:44:49.115000)

updates: Naira hits record low; forex market turnover declines

Version 0.72 (2024-09-30 08:47:55.538000)

updates: Naira appreciates due to CBN's forex intervention

Version 0.71 (2024-09-30 04:37:15.427000)

updates: Integration of analysis on currency devaluation limits

Version 0.7 (2024-09-28 12:48:58.991000)

updates: Naira strengthens to N1,540.78 with CBN support

Version 0.69 (2024-09-28 05:44:42.394000)

updates: Naira gains 5.32% after MPC rate hike

Version 0.68 (2024-09-25 11:53:07.211000)

updates: CBN identifies factors behind naira's decline

Version 0.67 (2024-09-23 08:54:53.908000)

updates: Naira appreciates slightly against the dollar; CBN updates rates

Version 0.66 (2024-09-22 20:53:52.653000)

updates: CBN raises customs rates amid naira depreciation

Version 0.65 (2024-09-21 16:40:46.266000)

updates: Naira appreciates due to increased forex supply

Version 0.64 (2024-09-21 12:48:38.671000)

updates: Naira's undervaluation highlighted amid economic struggles

Version 0.63 (2024-09-20 04:38:17.738000)

updates: Naira strengthens due to US rate cuts; mixed economic outlook

Version 0.62 (2024-09-14 20:41:08.906000)

updates: Naira strengthens to N1,558 amid improved forex supply

Version 0.61 (2024-09-14 10:38:12.141000)

updates: Naira drops to N1,670; seasonal demand impacts value

Version 0.6 (2024-09-13 11:53:51.505000)

updates: Naira crashes by N90 against the dollar

Version 0.59 (2024-09-08 08:41:28.996000)

updates: Naira gains against dollar, loses to pound

Version 0.58 (2024-09-07 15:41:37.374000)

updates: CBN's recent forex sale to BDCs for liquidity

Version 0.57 (2024-09-07 08:36:24.138000)

updates: CBN sells dollar at N1,580 to BDC operators

Version 0.56 (2024-09-07 05:35:28.510000)

updates: Naira appreciates as dollar supply increases significantly

Version 0.55 (2024-09-05 10:40:05.679000)

updates: Naira hits lowest point since March 2024

Version 0.54 (2024-09-03 17:50:31.261000)

updates: Naira appreciates against dollar, pound, and euro

Version 0.53 (2024-09-02 19:47:55.907000)

updates: Naira weakens to N2,105 against the British Pound

Version 0.52 (2024-08-29 10:46:52.579000)

updates: Naira falls to N1,606 amid market pressures

Version 0.51 (2024-08-28 07:35:53.774000)

updates: Naira strengthens; FX turnover increases significantly

Version 0.5 (2024-08-26 08:48:45.402000)

updates: Naira appreciates; CBN plans intervention; forex turnover decreases

Version 0.49 (2024-08-06 09:05:34.229000)

updates: US dollar strengthens against Egyptian pound amid global market downturn

Version 0.48 (2024-08-02 11:03:57.145000)

updates: Updated information on rupee appreciation, US dollar pressure, and oil prices

Version 0.47 (2024-07-26 12:01:52.744000)

updates: Intra-day trading update, oil prices impact on currency

Version 0.46 (2024-07-26 07:03:37.300000)

updates: The Pakistani rupee has strengthened slightly against the US dollar in interbank trading

Version 0.45 (2024-07-23 20:05:39.925000)

updates: The US dollar has hit an all-time high against the Pakistani rupee in interbank trading

Version 0.44 (2024-07-11 13:59:43.064000)

updates: The Pakistani rupee weakened slightly against the US dollar in the interbank market

Version 0.43 (2024-07-06 08:17:27.941000)

updates: The US dollar rate in Pakistan weakens to Rs280

Version 0.42 (2024-06-04 12:55:58.281000)

updates: The US dollar rate in Pakistan weakens by Re0.06 to Rs278.30

Version 0.41 (2024-06-04 06:55:12.302000)

updates: Minor gain of Pakistani rupee against US dollar in interbank market

Version 0.4 (2024-05-27 15:55:28.393000)

updates: Updates on the appreciation of the US dollar against the Pakistani rupee in both the interbank and open markets

Version 0.39 (2024-05-17 14:53:59.084000)

updates: Pakistani rupee appreciates slightly against US dollar in interbank market amid tough economic conditions

Version 0.38 (2024-05-17 12:54:08.908000)

updates: Pakistani rupee appreciates marginally against US dollar

Version 0.37 (2024-05-16 13:54:04.258000)

updates: US dollar appreciates against Pakistani rupee in interbank market

Version 0.36 (2024-04-30 06:53:24.660000)

updates: US dollar falls against Pakistani rupee in interbank market

Version 0.35 (2024-04-30 01:52:07.651000)

updates: US dollar strengthens against Pakistani rupee despite debt burden

Version 0.34 (2024-04-26 08:54:40.185000)

updates: The US dollar falls in the interbank market against the Pakistani rupee

Version 0.33 (2024-04-19 06:25:12.202000)

updates: Updates on Pakistani rupee appreciation, risk aversion, and oil price surge

Version 0.32 (2024-04-18 05:20:09.384000)

updates: Indian rupee recovers, rises 12 paise to 83.49 against the US dollar in early trade

Version 0.31 (2024-04-17 06:19:31.281000)

updates: Update on Pakistani rupee appreciation and IMF projections

Version 0.3 (2024-04-15 12:20:29.072000)

updates: Rupee falls by 6 paise, settles at 83.44 against US dollar

Version 0.29 (2024-04-10 22:21:54.010000)

updates: Indian rupee falls as US inflation rises

Version 0.28 (2024-04-08 20:22:50.689000)

updates: Updates on Indian consumer price inflation and USD/INR exchange rate

Version 0.27 (2024-04-08 07:18:55.081000)

updates: Indian rupee gains in early trading as Fed rate cut bets recede

Version 0.26 (2024-04-08 05:20:14.690000)

updates: The Indian rupee maintained its upward trend and saw marginal gains in early Monday trade. Broad-based dollar sales from local and foreign banks helped the rupee. A moderation in crude oil prices on easing tensions in the Middle East is also likely to assist the rupee. Yields rose after data showed the U.S. economy created more jobs than expected in March, prompting a pullback in odds of a rate cut at the Fed's June meeting. Dollar-rupee forward premiums declined, with the 1-year implied yield down 2 bps at 1.65%, pressured by the rise in U.S. bond yields.

Version 0.25 (2024-04-08 05:18:03.421000)

updates: Updates on rupee's gain, forward premiums, and receding Fed rate cut bets

Version 0.24 (2024-04-08 03:19:04.931000)

updates: Added information about the rupee's expected upward bias despite surge in US Treasury yields

Version 0.23 (2024-03-06 06:16:30.481000)

updates: Updates on forward premiums and overnight swap rate

Version 0.22 (2024-03-05 04:21:05.444000)

updates: The Indian rupee is expected to decline due to US Treasury yields and weak Asian markets

Version 0.21 (2024-03-04 03:24:53)

updates: Includes expert opinion, bond market updates, and upcoming key events

Version 0.2 (2024-03-04 02:17:24.122000)

updates: Updates on the expected movement of the Indian rupee and government bond yields

Version 0.19 (2024-03-01 12:17:48.994000)

updates: The rupee ended little changed on Friday after rising to its highest level in a week

Version 0.18 (2024-03-01 10:17:36.465000)

updates: The rupee ended flat after shedding early gains

Version 0.17 (2024-03-01 06:19:39.016000)

updates: Rupee appreciates to 82.85 against US dollar in early trade

Version 0.16 (2024-03-01 05:21:39.469000)

updates: Indian rupee appreciates 4 paise against US dollar in early trade

Version 0.15 (2024-02-29 04:16:47.660000)

updates: Rupee strengthens against US dollar, new information on monetary policy, Q4 US GDP, and Eurozone economic sentiment

Version 0.14 (2024-02-27 05:28:43.122000)

updates: The dollar fell by 20 paise against the rupee in the interbank market on Tuesday, trading at Rs279 in the early morning. The rupee has increased by 9.87% or Rs27.60 over the past five months compared to its record low closing at Rs307.10/$ in September 2023. Pakistan plans to seek a new loan of at least $6 billion from the IMF. Julie Kozack, head of the Communications Department at the IMF, expressed willingness to work with the new government on policies for macroeconomic stability and prosperity.

Version 0.13 (2024-02-22 08:33:33.609000)

updates: Inclusion of information about the rupee's appreciation in the interbank market

Version 0.12 (2024-02-17 04:16:48.955000)

updates: Includes analyst comments on the rupee's appreciation

Version 0.11 (2024-02-16 11:19:44.887000)

updates: Rupee appreciation, settlement at Rs 83.01

Version 0.1 (2024-02-16 04:16:10.961000)

updates: Rupee appreciation due to weaker-than-expected US economic data

Version 0.09 (2024-02-14 14:26:28.710000)

updates: Updates on the rupee's appreciation against the US dollar

Version 0.08 (2024-02-09 12:16:19.098000)

updates: Rupee weakened against the dollar, closing at Rs 83.03 [60ca6f43]

Version 0.07 (2023-12-19 04:01:13.056000)

updates: Rupee weakens against the dollar due to rising crude oil prices

Version 0.06 (2023-12-13 04:13:12.492000)

updates: Rupee opens flat against the dollar, market expects unchanged rates

Version 0.05 (2023-12-06 06:18:02.120000)

updates: Rupee remains steady despite lower US yields

Version 0.04 (2023-12-01 04:36:07.203000)

updates: Indian rupee strengthens against the US dollar on speculation of Federal Reserve's future movements

Version 0.03 (2023-11-28 04:34:48.736000)

updates: Updated information on the rupee's strength against the dollar and speculation on the Federal Reserve's future movements

Version 0.02 (2023-11-21 04:58:54.711000)

updates: Updates on the Indian rupee's strength against the US dollar and other related news

Version 0.01 (2023-11-17 07:07:10.635000)

updates: Updated information on rupee's challenges and dollar recovery

Version 0.0 (2023-11-17 05:05:27.091000)

updates: