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FX Market
The official exchange rate weakened to near N1,351 as the Naira continued to face selloffs, driven by rising demand for international payments, settlements of offshore liabilities, and offshore repatriations.
South African rand (ZAR) weakened against the US dollar (USD), and other western currencies
The Nigerian local currency unit, the naira, weakened against major currencies in the foreign exchange market …
The Nigerian naira weakened against crosses in the foreign exchange market, down 0..03% against the US dollar
The naira softened against the US dollar on Wednesday as forex market liquidity eased amidst growing demand for non-crude oil imports into the country.
South African Rand Softens Versus Crosses, Trades at 4-Week Low The South African Rand (ZAR)…
The naira posted a slight gain against the US dollar in the foreign exchange market on Tuesday, amid a lack of international payment pressure on FX liquidity at the official window.