Naira is Rising”: Dollar Demand Drops as Traders Quote New FX Rates in Official Markets

CBN data shows that the demand for dollars dropped by 11% to $5.7 billion in the third quarter of 2024The move shows an 11% decline in dollar demand by various sectors of the Nigerian economyReports say the largest consumer of FX in the review remained manufacturing and food imports

Naira is Rising”: Dollar Demand Drops as Traders Quote New FX Rates in Official Markets …C0NTINUE READING >>>>

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