Naira Bounces Back, Gains 10% At Parallel Market As EFCC Fights Speculators

The naira regained strength against the haven currency over the weekend, breaking below the N1,300 resistance level at the parallel market, to settle at N1270-75 against the dollar as the U.S Fed Reserve Bank meets on interest rates. The new rate represents a 10% increase when compared to N1,400 to a dollar it traded at […] The post Naira Bounces Back, Gains 10% At Parallel Market As EFCC Fights Speculators appeared first on The Capital NG.

  Business   Apr 30, 2024   0   59  Add to Reading List
Naira Bounces Back, Gains 10% At Parallel Market As EFCC Fights Speculators


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The naira regained strength against the haven currency over the weekend, breaking below the N1,300 resistance level at the parallel market, to settle at N1270-75 against the dollar as the U.S Fed Reserve Bank meets on interest rates. The new rate represents a 10% increase when compared to N1,400 to a dollar it traded at […]

The post Naira Bounces Back, Gains 10% At Parallel Market As EFCC Fights Speculators appeared first on The Capital NG.

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