Nigeria’s exchange rate depreciates by 6.43% in July despite CBN’s FX sales
Nigeria’s exchange rate closed July 2024 at N1608.73/$1, marking a 6.43% depreciation on the official market for the month.
Tag: Fx sales
CBN may spend up to $110.81 million in FX sales to BDCs this year
The Central Bank of Nigeria (CBN) may spend up to $110.81 million to sell foreign exchange (FX) to eligible Bureau ...
Naira hits N388.84 against dollar at the spot market
The naira is likely to keep falling due to surging demand for the U.S dollar as Nigeria’s Central Bank begins ...
