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Currency speculators lose, as FX market dynamics change

FOREX: CBN earns $600m via RT200 FX programme, CBN withdrawal of forex, CBN, forex, foreign exchange, CBN, forex, CRR, Dollar scarcity

Currency dealers who have been stockpiling dollars in expectations of further decline in in the exchange rate of the Naira have started offloading the greenback at a loss as the Nigerian Naira gained massively against the US Dollar at the black market after hitting a record low of over N900/$1 in the previous week. Within […]

Currency speculators lose, as FX market dynamics change
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