Naira hits new low against major currencies

On Monday, July 29, 2024, the Nigerian naira experienced another decline against the American dollar. According to data from the Nigerian Autonomous Foreign Exchange Market (NAFEM), the domestic currency fell by N2, closing the week at N1,611/$1. This marks a slight drop from the N1,609/$1 rate observed on Friday, July 26, 2024. Throughout [...]The post Naira hits new low against major currencies appeared first on National Daily Newspaper.

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