• Skip to primary navigation
  • Skip to content
  • Skip to footer

Financial Quest

Financial News Website in Nigeria

  • AVIATION
  • AGRICULTURE NEWS
  • BANKING
  • BUSINESS
  • ECONOMY
  • EDUCATION
  • ENTERTAINMENT
  • MARKET INTELLIGENCE
  • TECHNOLOGY
  • SPORTS
  • HEALTH
  • ENTREPRENEURSHIP
  • CONTACT US
You are here: Home / FBNQuest Research / FBNQuest FI-FX Daily Watch 12 April 2018

FBNQuest FI-FX Daily Watch 12 April 2018

April 12, 2018 By admin Leave a Comment

by admin
April 12, 2018Filed under:
  • FBNQuest Research

FBNQuest FI-FX Daily Watch 12 April 2018

Opening market liquidity on Monday was N501bn (positive). Interbank rates closed within a range of 3%-11%. There was no OMO auction. On the secondary market for NTBs, there was a dip in yields for selected maturities.

The FGN bond market was quiet, and yields dipped at the short end of the curve. The Eurobond market was relatively active, yields picked up for the sovereigns.

The CBN’s daily fx intervention was again US$0.5m at N305.10. Turnover at the NAFEX declined from US$259m on Friday to US$217m. Indicative rates ranged from N358 to N361. The USD slipped against a basket of currencies (including the EUR) on Monday, due to continued concerns around a potential trade conflict between the US and China.

More from my site

  • FBNQuest FI-FX Daily Watch 20 September 2017FBNQuest FI-FX Daily Watch 20 September 2017
  • FBNQuest FI-FX Daily Watch 10th April 2018FBNQuest FI-FX Daily Watch 10th April 2018
  • FBNQuest FI-FX Daily Watch 26 September 2017FBNQuest FI-FX Daily Watch 26 September 2017
  • FBNQuest FI-FX Daily Watch 12 December 2017FBNQuest FI-FX Daily Watch 12 December 2017
  • FBNQuest FI-FX Daily Watch 13 July 2017FBNQuest FI-FX Daily Watch 13 July 2017
  • FBNQuest FI-FX Daily Watch 17 July 2017FBNQuest FI-FX Daily Watch 17 July 2017
  • FBNQuest FI-FX Daily Watch 21 September 2017FBNQuest FI-FX Daily Watch 21 September 2017
  • The CBN’s daily fx intervention remained US$0.5m, at N305.30.The CBN’s daily fx intervention remained US$0.5m, at N305.30.

Related

READ   FBNQuest FI-FX Daily Watch 10th April 2018

Post navigation

Previous Post Consumer stocks such as Unilever(-8.03%) and Guinness(-0.96 %) also closed lower.
Next Post Investors also renewed interest in recently oversold consumers such as Intbrew(+4.78%)

Reader Interactions

Leave a Reply Cancel reply

Footer

Search

Follow us online

  • Facebook
  • Google+
  • Linkedin

© Copyright 2018 FINANCIAL QUEST·All Rights Reserved·Powered by FINANCIAL QUEST MEDIA.