Naira depreciates by 41 percent against Dollar despite CBN interventions in 2024

The Naira depreciated by 41% and 26% against the dollar in the official and parallel foreign exchange markets, respectively, to end 2024, despite interventions from the Central Bank of Nigeria. This comes as DAILY POST reports that the exchange rate against the dollar closed at N1,538.25 in the last trading session of 2024. On a [...]Naira depreciates by 41 percent against Dollar despite CBN interventions in 2024

Read More