Naira Performance Faces Pressure As FX Liquidity Improves

The naira closed last week at 1,532.34 per dollar in the Nigerian Foreign Exchange Market after a choppy run that left the currency marginally weaker from the prior week despite intermittent central bank support. The week opened with the naira rebounding to a four month high of 1,518.88 per dollar at the Nigerian Foreign Exchange … Continue reading Naira Performance Faces Pressure As FX Liquidity Improves