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NGX ASI 158.4tn ▲ 0.10% USD/NGN ₦1,329.00 ▼ 0.02% Bonny Light $115.40 ▲ 2.35% Inflation (Aug) 15.39% ▼ 0.04pt NGX Banking Idx +67.96% YTD ▲ 0.86% Fx Reserves $54.0bn ▲ T-Bills Demand firm ▲ NGX ASI 158.4tn ▲ 0.10% USD/NGN ₦1,329.00 ▼ 0.02% Bonny Light $115.40 ▲ 2.35% Inflation (Aug) 15.39% ▼ 0.04pt NGX Banking Idx +67.96% YTD ▲ 0.86% Fx Reserves $54.0bn ▲ T-Bills Demand firm ▲
Lagos • WAT

FX Market Ends Week With Naira Weakening By 0.42%

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The foreign exchange market closed the week with Naira weakening by 0.42 percent after exchanging with the dollar at N477 compared to N475 closed for the previous week on the parallel market. The foreign exchange market has been under pressure since March 2020 following a sharp drop in oil prices as a result of the…

– Businessday

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