Naira Weakens Against Dollar In Official Market, Strengthens in Black Market After CBN Rule Change

Naira Weakens Against Dollar In Official Market, Strengthens in Black Market After CBN Rule Change …C0NTINUE READING HERE >>>

The naira has depreciated once again against the United States dollar in the foreign exchange marketsNew data shows that the naira weakened in the official market but improved in the black market exchangeThe CBN recently released a new foreign exchange guideline for players and hopes that it helps the naira

The Nigerian naira ended November 2024 at a low against the US dollar (N1,672.69/$1) in the official foreign exchange market.

This is according to the FMDQ Securities Exchange,…

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