Nigeria’s official currency Naira exchange at the official market remained unchanged at the Investors and Exporters (I&E) segment of the forex market. Data obtained from FMDQ securities showed the exchange rate of the Naira to the Dollar after the midweek session stood at N416.50/$1. Wednesday’s closing rate was the same rate Naira maintained against the US dollar for the past three trading days. However, the domestic currency continued its depreciation against the British pounds’ sterling and Euro. CBN Naira Rate Maintains N416/$, As FX Reserves Continues To Decline, See New Black Market Rate…
