Tag: #LocalCurrencyStrength
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NAIRA CLOSES WEEK BULLISH, GAINS N11.08 TO DOLLAR ON OFFICIAL MARKET
Steady recovery driven by CBN reforms signals renewed confidence in local currency. The Naira ended the week at N1,487.89 to the Dollar, appreciating by 0.7% from Thursday’s rate. After opening Monday bullish with a N4.03 gain, it saw slight dips midweek but maintained an overall upward trend. Analysts praise CBN’s measures and MPC forecasts for…
