CBN, Access, Zenith, UBA, Others Sell $9.9 Billion as Traders Quote New Rates For Naira Against USD

CBN, Access, Zenith, UBA, Others Sell $9.9 Billion as Traders Quote New Rates For Naira Against USD …C0NTINUE READING HERE >>>

The Nigerian forex market experienced a surge in dollar inflow in August to the tune of $9.9 billionA report by FMDQ released on Tuesday, September 24, 2024, shows that the FX market is experiencing increased confidenceHowever, the inflows were not enough to help the naira as it depreciated to N1,658 per dollar on Tuesday, September 24, 2024

Henzodaily.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

The volume of FX turnover through…

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