Tag
FOREX REFORMS
Nigeria's exchange rate closed June 2024 at N1,503.3/$1, marking a 1.3% depreciation for the month.
The CIS has expressed concerns about the impact of recent foreign exchange reforms on companies with significant foreign exchange components
The Federal Government has insisted that the ongoing reforms in the foreign exchange market is beginning to yield results, with the naira stabilizing and the forex market experiencing surge of inflows.