High dollar demand push naira to lowest level since March 15

Nationaldailyng | 17-07-2024 12:36am |

The naira fell for a fifth day against the greenback despite the CBN’s assistance, hitting its lowest level since March amid high demand for U.S. dollars and heightened geopolitical uncertainty. The NGN/USD is now trading at its lowest level since March amid increased bets on interest rate reductions, contributing to the dollar’s rise [...]The post High dollar demand push naira to lowest level since March 15 appeared first on National Daily Newspaper.

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