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FX Market
The naira rose against the US dollar in the Central Bank of Nigeria (CBN) foreign exchange
Euro Rises as Markets Price ECB Rate Cut The euro rose modestly to $1.165, partially…
British Pound Climbs Amidst Downgraded UK Growth Forecast The British pound or sterling has risen…
Naira Depreciates for 10-Day Straight, FX Gap Narrows The Nigerian naira weakened against the US…
Naira Touched Intraday High of N1405/$ in FX Market The naira touched an intraday high…
The naira’s purchasing power dropped sharply at the official window as foreign payments initiated exceeded the US dollar liquidity at the currency market.
The flight-to-safety drive from Middle East tensions strengthened the US dollar against trading peers on Monday, forex traders said in a separate note.