The Nigerian currency depreciated to its lowest in five months to N1,600 in the official Nigerian Foreign Exchange Market (NFEM)The naira’s depreciation in the official window further widened the gap between the official and parallel market windowsMeanwhile, the Central Bank of…
Exchange Rate Windows Drift Further Apart as Naira Hits N1,600/$, CBN Sells $197.71m to Dealers …C0NTINUE READING HERE >>>>