Nigeria's leading finance and market intelligence news report.

Naira strengthens as foreign funds snub election risks

194

Naira gained 0.55 percent on the US dollar week-on-week following renewed buying interest of foreign investors in Nigerian bond. Reuters reports traders on Thursday to have said the naira, which was quoted at between 362.50 and 363 a week ago on the over-the-counter market, fell to 361 against the US dollar as foreign funds shrugged…

or to read full article

Comments are closed, but trackbacks and pingbacks are open.