Naira weakens the most in 3 months as dollar shortages persist - Kanem Times

Naira weakens the most in 3 months as dollar shortages persist

Naira

Nigeria’s currency on Tuesday weakened to its lowest level in three months, as shortage of dollars persist in the foreign exchange market. After trading on Tuesday, naira lost 0.59 percent of its value, closing at N411.63k per dollar, from N409. 20k closed the previous day at the Investors and Exporters (I&E) forex window, data from…

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Naira weakens the most in 3 months as dollar shortages persist

Naira

Nigeria’s currency on Tuesday weakened to its lowest level in three months, as shortage of dollars persist in the foreign exchange market. After trading on Tuesday, naira lost 0.59 percent of its value, closing at N411.63k per dollar, from N409. 20k closed the previous day at the Investors and Exporters (I&E) forex window, data from…

This content is for

  • Standard Yearly, Premium Yearly, Staff, Premium Bi-Annual USD, Premium Yearly USD, Combo offer with print, Standard Monthly, Student Yearly, TEST paystack, and NLNG

members only. Visit the site and log in/register to read.

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