Naira Hits Historic Low Of N1,681.45/$ Amid Persistent Dollar Demand
The Nigerian naira fell to an all-time low of N1,681.45 per dollar at the official foreign exchange (FX) market on Wednesday, reflecting the continued pressure from strong demand for the U.S. dollar. According to data from the FMDQ Securities Exchange Limited, the naira depreciated by 0.6 percent, dropping from Tuesday’s rate of N1,671.32/$ to Wednesday’s … Continue reading Naira Hits Historic Low Of N1,681.45/$ Amid Persistent Dollar Demand
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