NEWS: Naira Gains Over N147 Against US Dollar as New CBN Platform Aids Transparency

The newly introduced Electronic Foreign Exchange Matching System (EFEMS) has further pushed up the naira’s valueThe development has led illegal currency traders to source for FX in the parallel market, causing the currency to improveAvailable data showed that the naira has gained over N147 against the US dollar in the parallel market over the last 14 days

Henzodaily.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

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