forex reforms

  1. Naira Gains to N1,548.59 as Dollar Index Dips to Monthly Lows

    Nigeria Naira Gains to N1,548.59 as Dollar Index Dips to Monthly Lows

    The naira posted slight gains in Nigeria’s official market, appreciating N1,548.59 against the U.S. dollar. Meanwhile, the U.S. Dollar Index dropped to monthly lows due to expected U.S. Federal Reserve rate cuts. Central Bank Governor Cardoso credits forex reforms for the naira's stability. On...
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