Naira Falls, CBN Calls Meeting As Exchange Rates Worsen

In the foreign exchange markets, the value of the Nigerian naira declined as exchange rates worsened more than analysts had predicted. The official market saw the naira finish at ₦1,520.40 per US dollar, down 2.86% versus the dollar, according to currency movement data from FMDQ. The Nigerian independent foreign exchange market did not have enough … Continue reading Naira Falls, CBN Calls Meeting As Exchange Rates Worsen