Tag
FX MARKET TURNOVER
The Nigerian currency began the week on a bearish note as the U.S. dollar index showed strong performance in the global market.
The Naira steeply appreciated against the US Dollar, with the spot exchange rate ($/N) decreasing by 22.45% ($/N279.38) to close at an average of $/N1,244.66 in April 2024 from $/N1,524.04 recorded in March 2024.