Nigeria’s local currency, the naira, continued to decline after the apex bank’s floating exchange rate (foreign exchange) worsened the local currency’s position in the market. On the Investor and Exporter FX window, US Dollars were sold to Importers, Companies and Manufacturers at N702.19, FMDQ Exchange data shows, N664.04 days Yesterday. The local currency has lost … Continue reading Naira Drops To N702.19, FX Rate Reaches N610.20