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The exchange rate of the US dollar to the Nigerian naira is one of the most important economic indicators in Nigeria, as it affects the prices of goods and services, the value of savings and investments, and the inflows and outflows of foreign currency. Various factors, such as the demand and supply of foreign currency, the monetary and fiscal policies ...
February, 2024
August, 2015
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18 August
From 245 To 217 Again Dollar, Naira Raises Hope, Excites Nigerians
The naira appreciated against the United States dollar at the parallel market on Monday to 217, from 221 recorded on Friday. The naira rose on the back of weak demand for the dollar at the foreign exchange markets. Forex traders linked this to an improved dollar liquidity occasioned by the sustained sales of the greenback by the Central Bank of ...
