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Naira Worsens Further to N1,690/$1 at NAFEM Amid Spike in Seasonal Demand

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By Adedapo Adesanya The Naira weakened further to N1,690.37/$1 on Monday, November 19 compared with last Friday’s value of N1,652.25/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEX). It was observed that the 2.31 per cent or N38.12 decline suffered by the local currency against the United States currency in the official market was influenced […]

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