Naira Loses Ground To Dollar On Increased FX Pressure

The naira fell at the official foreign exchange window as dollar demand swelled, closing spot at N1530.25 per United States dollar after swinging between N1527 and N1533 intraday, Central Bank data showed, underscoring sustained hard currency pressure. Trading showed notable intraday movement. Deals printed as high as N1533 and briefly touched N1527 before the market … Continue reading Naira Loses Ground To Dollar On Increased FX Pressure