Naira drops by N52 against dollar in 48 hours as FX supply plunges

The Naira dropped by N52.24 against the dollar at the foreign exchange market in the last 48 hours as FX supply plunged. This comes as FMDQ data showed that the Naira weakened to N1653.02 on Tuesday from N1600.78 exchange rate on Friday last week. This represents an N52.24 loss against the dollar compared to the [...]Naira drops by N52 against dollar in 48 hours as FX supply plunges

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