Naira weakens to N1,353.50/$ as dollar rate climbs further in November

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The Nigerian naira weakened to N1,353.50 per US dollar at the Nigerian Foreign Exchange Market on November 10. The decline extends the currency’s depreciation during November as the dollar strengthened against major currencies.

The naira weakened to N1,353.50 per dollar at the Nigerian Foreign Exchange Market (NFEM) on Tuesday, November 10, extending its depreciation in November as the US dollar maintained gains against major currencies. The post Naira weakens to N1,353.50/$ as dollar rate climbs further in November appeared first on Nairametrics.

Markets Nigerian naira foreign exchange US dollar currency depreciation NFEM November

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