Naira records marginal depreciation as external reserves decline
Nigeria’s currency, Naira, recorded marginal depreciation against the dollar at the Nigerian Autonomous Foreign Exchange Fixing (NAFEX), the nation’s official foreign exchange market, despite a significant increase in liquidity. Increased activities were witnessed in the market on Monday as the daily foreign exchange market turnover rose to $134.30 million compared to $46.31 million recorded on read more Naira records marginal depreciation as external reserves decline
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