external reserves decline

  1. Naira Falls to N1,582.09 After Four Days of Gains as External Reserves Drop

    Nigeria Naira Falls to N1,582.09 After Four Days of Gains as External Reserves Drop

    On August 14, 2024, the naira experienced its first loss after a period of gains due to a drop in external reserves and decreased dollar supply. The naira fell by 0.70% at the official market, while it appreciated on the parallel market. External reserves declined to $36.620 billion. On August...
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