Naira Continues to Decline Despite Falling US Dollar Index
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#f4e83713 ver:1.6

Despite falling US dollar index, the Nigerian Naira continues to decline, reaching a new low of 1,540 per dollar. Lack of forex sales to BDC operators by the CBN is blamed for the depreciation. Financial experts predict Naira could reach 2,000 per dollar by year-end. Concerns rise over impact on economy and purchasing power. Standard Bank expects influx of capital in H2 2024 to stabilize Naira. Aliko Dangote's net worth drops due to Naira's poor performance. #Naira #Forex #CBN #Economy...

#newstr #Naira #UsDollar #ForeignExchangeMarket #OilProduction #Cbn #InterestRates #TekExperts #Cytek #Elev8Tek #Teknowledge 

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