Dollar liquidity records lowest FX turnover in five months

The Nigerian Autonomous Foreign Exchange Market, NAFEM, is set to record its lowest foreign exchange (FX) turnover in five months in June 2024, as dollar illiquidity continues to exert pressure on the naira. As of June 27th, 2024, FX turnover for the month stood at $3.14 billion, with just one trading day remaining. This marks [...]The post Dollar liquidity records lowest FX turnover in five months appeared first on National Daily Newspaper.

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