Naira steadies across markets on improved liquidity

Naira steadies across markets on improved liquidity

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…as CBN sells $5.62bn in 3 months


Nigeria’s currency on Wednesday steadied across foreign exchange markets as liquidity improves. The daily foreign exchange market turnover rose by 359.44 percent to $148.54 million from $32.33 million recorded on Tuesday, data from the FMDQ indicated. At the black market and Bureau De Change (BDC) segment of the foreign exchange market, naira remained unchanged at…

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