From N841/$ : Naira Loses to Dollar, Falls by 35% to New Price

From N841/$ : Naira Loses to Dollar, Falls by 35% to New Price …C0NTINUE READING HERE >>>

The average rate of exchange between the US dollar and the naira decreased by 35.53%, according to dataThe NFEM’s average turnover increased from US$0.12 billion in Q4 2023 to US$0.20 billion, a 61.30% increaseThe economy’s outflow of foreign currency climbed from US$6.59 billion in Q42023 to US$10.76 billion, a 63.28% increase

Henzodaily.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

A study by the Central Bank of Nigeria…

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