Naira eases against dollar despite CBN’s intervention

Naira eases against dollar despite CBN’s intervention

Naira yesterday weakened against the US dollar losing 24 kobo at the Nigerian Interbank Foreign Exchange (NIFEX) market. The local currency yesterday closed at N159.64/$ as against N159.40/$ the previous day, data from Financial Markets Dealers Quotations (FMDQ) have indicated. At the official market, naira also depreciated losing N0.01k to close at N155.75/$ compared to…

This content is for Standard & Premium Digital Subscribers only.
Log In Subscribe

Related Posts