The naira, the indigenous currency of Nigeria, continued to weaken against the US dollar, which is currently the leading foreign currency, at the official foreign exchange market on Wednesday due to a prolonged supply of foreign exchange. Data from the FMDQ, which provides daily spot prices, indicates that the exchange rate deteriorated by N7.04 (0.47%) … Continue reading Naira Falls To N1507.83 On Weak FX Market Liquidity