The naira ended the week weaker across foreign exchange (FX) market segments amid slowing market liquidity, despite Nigeria’s external reserves read more External reserves hit CBN’s $51.04bn target as naira posts weekly loss ]]>
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Nigeria's external reserves have reached the Central Bank of Nigeria's target of $51.04 billion, despite the naira posting a weekly loss across foreign exchange market segments due to slowing market liquidity. The naira's weakness comes amid a surge in the country's external reserves. The development highlights the complex dynamics at play in Nigeria's foreign exchange market.
The naira ended the week weaker across foreign exchange (FX) market segments amid slowing market liquidity, despite Nigeria’s external reserves read more External reserves hit CBN’s $51.04bn target as naira posts weekly loss ]]>