Foreign Exchange Inflows Drop By 25.4% To $1bn

The Nigerian Foreign Exchange Market (NFEM) window recorded an inflow of $1.0 billion last week, marking a 25.4 per cent decline from $1.34 billion recorded in the prior week, according to a report by Coronation Asset Management. Exporters and non-bank corporates contributed 64 percent of the total dollar inflows into the window last week. The [...]

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