Naira Slumps 0.15% to N1,603/$1 Amid Improved FX Supply

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By Adedapo Adesanya Despite the improved supply of foreign exchange (FX), the Naira depreciated against he United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Monday by 0.15 per cent or N2.38 to settle at N1,603.16/$1, in contrast to the preceding session’s N1,600.78/$1. The turnover for the trading day stood at $359.22 million […]

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