Naira rebounds amid $1.08bn loss in reserves

2 hours ago 1

The naira on Wednesday rebounded in the official foreign exchange market, reversing the previous day’s losses even as Nigeria’s external reserves declined by $1.08 billion amid slowing inflows linked to Middle East tensions. Data from the Central Bank of Nigeria (CBN) showed the naira appreciated by N14.84 to close at N1,371.82 per dollar, a gain […]

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