The naira fell again in the currency markets due to increased demand for the US dollar. The local currency fell under pressure as FX liquidity shortages returned to official and alternative markets. According to FMDQ statistics, the naira fell by 5.14% to N1,533.99 per US dollar on the Nigerian Autonomous Foreign Exchange Market (NAFEM). Naira … Continue reading Weak Look For Naira As Exchange Rate Hits N1533.99