The naira/USD exchange rate may witness an upward pressure this week on the back of sustained high dollar demand by end users, fall in global crude oil prices and recent decline in external reserves, analysts have said.
The price of crude oil (Bonny Light) has dropped by 8.09 percent to $100.74 per
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more