US Dollar Appreciates Slightly As Naira Slumps: What’s Happening
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The Nigerian naira has noted a slight downturn in value against the USD. The Naira is down (NAFEM) to N1,148.14/$1 on April 16, sliding against the US dollar in the foreign exchange market.
The USD gained strength as the NGN slumped to a new low. The Nigerian currency was recently dubbed the best-performing currency in the world, establishing supremacy against rising…
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