Naira holds firm amid historic FX market shift as global currency pressures mount

Nigeria’s local currency, the naira, maintained its stability in the informal foreign exchange (FX) market during Wednesday’s mid-trading session, exchanging between ₦1,615 and ₦1,618 per U.S. dollar. This performance coincided with gains against other global currencies, signaling cautious optimism as Nigeria’s FX market undergoes what many analysts describe as a “historic shift.” This development comes [...]The post Naira holds firm amid historic FX market shift as global currency pressures mount appeared first on National Daily Newspaper.

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