roadrunner Posted September 25, 2024 Share Posted September 25, 2024 The Nigerian Naira weakened significantly against the U.S. dollar following the Central Bank of Nigeria’s (CBN) decision to hike interest rates for the fifth time this year. The naira dropped to NGN1,658 per dollar on the official foreign exchange market after the CBN increased the benchmark lending rate by 50 basis points. On the parallel […]View the full article Quote Link to comment https://slingbank.com/forums/topic/26043-nigerian-currency-plunges-after-central-bank-rate-hike/ Share on other sites More sharing options...
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