Nigeria's leading finance and market intelligence news report.

Naira ends week strong despite 33.83% drop in dollar supply

Nigeria’s currency closed the five trading days strong in spite of the drop in dollar supply as the foreign exchange market turnover declined by 33.83 percent. The Central Bank of Nigeria (CBN) injected $210 million within the week but this failed to shore up liquidity. The daily foreign exchange market turnover declined to $116.55 million…

Don’t miss another story

Become a BusinessDay Subscriber today.

For insights, facts, figures, and access to opportunities.
Options starting from N1000 Monthly
Already a subsriber?

Get real time updates directly on you device, subscribe now.

Comments are closed.