FMDQ FX market turnover drops 35.4% to $1.70bn

The Punch | 05-10-2026 02:17am |

Turnover in Nigeria's foreign exchange market declined by 35.4% to $1.70 billion for the week ended October 2, 2026, according to data from FMDQ. The drop occurred amid tighter liquidity conditions in the market. The data highlights reduced activity in the FX market during the period.

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