Naira Slips At Official FX Window Despite Renewed CBN Dollar Sales

Nigeria’s currency weakened at the official foreign exchange market on Tuesday, extending its downward movement against the United States dollar despite continued liquidity injections by the Central Bank of Nigeria (CBN). Latest data from the apex bank showed that the naira depreciated by ₦3.17 to settle at ₦1,445.68 per dollar at the Nigerian Foreign Exchange … Continue reading Naira Slips At Official FX Window Despite Renewed CBN Dollar Sales