At the investors’ and exporters’ foreign exchange window, an official venue for manufacturing companies, the Nigerian currency, the Naira, fell to N446.38. In the parallel market, the exchange rate fell to N745 as year-end demand for foreign dollars increased. On Tuesday, the open indicative rate in the investors’ window ended at N445.40 to the dollar. … Continue reading Naira, External Reserves Fall Despite Rising FX Demand