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Naira Extends Loss at Official Market to N1,586/$1

currency in circulation eNaira

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By Adedapo Adesanya The Naira slid for a second session against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Wednesday, August 14 amid a fresh FX liquidity squeeze. The exchange rate of the local currency to its American counterpart depreciated by 0.25 per cent or N3.95 in the official market to […]

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