Exchange rate strengthens after Sallah holiday fall
The local currency strengthened by N0.83 against the dollar, when compared to the N386.33 to a dollar that is exchanged on Friday, May 29, 2020.
Naira weakened against the dollar this represents about 1.1% depreciation when compared to N455 to a dollar that it sold the previous day.
Information obtained from Abokifx shows that the local currency depreciated to N437 to a dollar on Wednesday, May 6, 2020, as against the N430 to a...
The volatility of Nigeria’s foreign exchange market seems to be heading towards the 2015 crisis era as the naira has further depreciated to N450 to a...
There appears to be no let-off for Nigerian local currency, Naira as the mounting pressure on it continues unabated.
