Naira Value Balances As FX Supply Pressures Ease

As supply side pressure lessened, market participants in the investors’ and exporters’ foreign exchange window exchanged US dollars at N757.51. According to FMDQ data, the Naira strengthened versus the US dollar on Tuesday, trading at N757.51 in the Investors and Exporters window. According to dealers’ notes, the Nigerian local currency gained 2.23 percent on Tuesday … Continue reading Naira Value Balances As FX Supply Pressures Ease