Nigeria's FX Turnover Declines by 44.9%

Nigeria's foreign exchange turnover saw a significant decline of 44.9% to $2 billion last week, primarily due to reduced spot transactions despite an increase in FX derivatives.

17 Aug, 00:02 — 17 Aug, 00:02

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punch-ngMostly Factual10d ago

FX turnover declines 44.9% to $2bn

Nigeria’s FX turnover declined by 44.9% to $2bn last week, driven by reduced spot transactions despite a surge in FX derivatives. Understand the market shi Read More: https://punchng.com/fx-turnover-declines-44-9-to-2bn/

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Nigeria's FX Turnover Declines by 44.9%

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FX turnover declines 44.9% to $2bn

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