Analysts had expected naira pressure to moderate this week following up- ward review of the weekly forex cash sales to bureau de change (BDCs) by 100 percent
The naira on Monday defied analysts’ expectation and the Central Bank of Nigeria’s (CBN) intervention as it lost N1.12k against the dollar at the inter-bank market. Analysts had expected naira pressure to moderate this week following up- ward review of the weekly forex cash sales to bureau de ch
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