February 7, 2025
Amid declining FX reserves, naira sheds N12 against dollar, trades N1,148/$1 at official window

The naira reversed its steady gain against the American dollar on Tuesday April 16, 2024 at the official window as the domestic currency traded at N1,148/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window has shown. This is coming as the country’s foreign exchange (FX) reserves witnessed a significant downturn…
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