Naira Strengthens Across Official And Parallel Markets As Dollar Supply Improves
Nigeria’s foreign exchange market opened the week on a positive footing as the naira recorded gains across both the official and parallel segments, buoyed by improved dollar liquidity and a notable absence of aggressive foreign currency demand. Market activity on Monday showed that dollar supply comfortably outweighed demand for foreign payments, easing pressure on the … Continue reading Naira Strengthens Across Official And Parallel Markets As Dollar Supply Improves
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