fx market trends
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![Today's Naira Rate [28-11-2024]: CBN Hike Keeps Naira Stable at N1,750/$ in Parallel Market](/data/attachments/210/210762-766854fddcd675e565fac179cbedfde3.jpg?hash=hFfFcRmkeL)
Nigeria Today's Naira Rate [28-11-2024]: CBN Hike Keeps Naira Stable at N1,750/$ in Parallel Market
The naira steadied at N1,750/$ in the parallel market after the Central Bank of Nigeria's 25-basis point rate hike. Despite minimal movement in the forex market, experts predict the naira could appreciate in 2025 due to improving foreign reserves and oil production. The naira remained largely...- Nigeria News
- Article
- 2 min read
- cbn rate hike fx market trends naira depreciation naira exchange rate nigeria inflation parallel market rate
- Category: Business
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