Business & Investment

Naira ends with a week of depreciation despite CBN’s $ 210 million intervention

Despite the $ 210 million injection by the Central Bank of Nigeria (CBN), the Nigerian currency depreciated across the formal and informal segments and the forex market closed on Friday. Naira weakened by 0.15% or N0.62k to the closing price at N411.75k per dollar on Friday compared to Monday’s opening price N411.13k / $ …

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Naira ends with a week of depreciation despite CBN’s $ 210 million intervention

https://businessday.ng/markets/currency-watch/article/naira-ends-week-in-depreciation-despite-cbns-210m-intervention/ Naira ends with a week of depreciation despite CBN’s $ 210 million intervention

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