Naira Appreciates To N742/$ At Official Market
The naira yesterday appreciated to N742/$ at the Investors and Exporters (I&E) window. The closing rate represents a major rebound from Tuesday’s N768/$ rate.
According to report from FMDQ Exchange, the naira opened at N764/$ and traded tightly around...
Exchange Rate Policy May Trigger Forex Inflation, Hoarding — Experts
The introduction of the longer-term contract on the naira in a move to attract more foreign inflows, shore up dwindling dollar reserves and stave off currency devaluation, by the Central Bank of Nigeria, may lead...
