External Reserves Accretion Brightens Naira’s Prospects

ShareUndoubtedly, the last few weeks were some of the worst for the naira in recent times. On October 2, 2024, for instance, the local currency, which traded at N907.11/$1 in January, fell to a fresh low of N1,699 per dollar on the official market. It also weakened on the parallel market, dropping to N1,710/$1. Indeed,...The post External Reserves Accretion Brightens Naira’s Prospects appeared first on New Telegraph.

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