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FX Market
The Nigerian naira closed relatively flat at N1,328 per US dollar in the foreign exchange market
Naira Closed at N1,346 as Gross External Reserves Rise to $52.657bn Strengthened by N11.11 in…
The Nigerian local currency, the naira, gained value at the foreign exchange market due to the strength of available US dollars on the supply side.
The South African rand continued to firm against the US dollar as macro data influenced market expectations ahead of the Federal Reserve’s interest rate decision.
The Nigerian naira pulled back against the US dollar (USD), Euro (EUR), British pound (GBP), and Japanese Yen
South African Rand Firmer as Markets Anticipate US to Keep Rates The South African rand…
The Nigerian naira appreciated to N1,343 against the US dollar on Tuesday, as the currency continued to gain momentum in the foreign exchange market.