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Naira Gains 0.2% at Official Market Amid 23.7% Fall in FX Transactions

weakening Naira

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By Adedapo Adesanya The Naira appreciated against the United States Dollar by 0.2 per cent or N3.21 in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Monday, August 12 to close at N1,570.99/$1 compared with the preceding session’s value of N1,574.20/$1. Last week, the local currency gained against the greenback in all the trading sessions, […]

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