Naira Depreciates in Official and Parallel Markets, Rated Worst Performing Currency in the World in 2024
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#f4e83713 ver:1.98
The Nigerian naira has seen mixed performance in forex markets, appreciating against the US dollar in the official market but depreciating in the black market. It has also depreciated against other major currencies. A recent report rates the naira as the worst-performing currency in the world in 2024, citing devaluation, insufficient dollar liquidity, and market volatility as reasons. The Central Bank of Nigeria's efforts to boost the currency have been hindered. #Naira #Forex #CurrencyDepreciation...
#newstr #Naira #Currency #Depreciation #CentralBankOfNigeria #DollarLiquidity #MarketVolatility
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