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FX Market
The Nigerian naira closed relatively flat at N1,328 per US dollar in the foreign exchange market
The naira declined against the US dollar as significant demand for foreign payments slowed the local currency momentum at the Nigerian foreign exchange market (NFEM).
The Nigerian naira exchange rate per dollar climbed to N1,348 at the official market amidst rising external reserves, and inflows from offshore investors with interest in elevated yields in the fixed income market.,
Naira ‘Swings Right’, Touches Intraday Low of N1,345 The naira swung right against the US…
CBN Approves $150k Weekly FX Sales to Licensed BDC The Central Bank of Nigeria (CBN)…
The naira rose against the US dollar as the latest update from the Central Bank…
The euro (EURUSD) rose to $1.185, remaining close to its highest point since late January,…