forex market stability
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![Today's Naira Rate [25-06-2014]: Naira Depreciates to N1,500.79 Despite Central Bank's Optimism](/data/attachments/205/205459-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [25-06-2014]: Naira Depreciates to N1,500.79 Despite Central Bank's Optimism
Nigeria's naira weakened to N1,500.79/$1 in the official market, contradicting CBN Governor Cardoso's optimistic outlook on forex stability. The 0.71% depreciation comes amid decreased dollar supply and increased demand. Despite Cardoso's confidence in recent market calm and improved liquidity...
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