Naira Gains Across FX Markets, Official Rate Now N1382

Tuesday saw a persistent increase in exchange rates relative to the US dollar, defying the previous downward trend in the forex markets due to sales of foreign currency to deposit money banks, bureau de change (BDCs), and FX backlog settlement, all of which promote confidence. The amount of US dollars available at the official window … Continue reading Naira Gains Across FX Markets, Official Rate Now N1382