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Official FX market records 6.01% gain amid dollar shortage

Nigeria’s official foreign exchange (FX) market, known as the Investors’ and Exporters’ (I&E) forex window, on Wednesday recorded 6.01 percent gain despite continued dollar shortage. The market has continued to witness shortage of dollars following low inflows from oil proceeds, remittances, and foreign capital, among others. After trading on Wednesday, the dollar was quoted at
read more Official FX market records 6.01% gain amid dollar shortageBusinessday NGRead More

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