In the final trading session of the week, the Naira showed no sign of easing as it dropped again, this time by 0.66 per cent or N5.04 against the US Dollar at the Investors and Exporters (I&E) wing of the foreign exchange (forex) market to sell at N770.17/$1 compared with the previous day’s value of N765.13/$1….CONTINUE READING...CONTINUE READING
Data showed that the FX turnover for the trading session moderated by 38.7 per cent or $79.37 million to $125.47 million from the $204.84 million recorded on Thursday.
Also, in the black market, the local currency depreciated against its American counterpart by N2 to quote at N767/$1, in contrast to the previous day’s rate of N765/$1….CONTINUE READING
