Naira Depreciates To N1,650/$1 On Weak Forex Liquidity

By Adedapo Adesanya The Naira depreciated against the US Dollar on Thursday, November 14, in the Nigerian Autonomous Foreign Exchange Market (NAFEX), as the market continued to battle a stronger Dollar and a liquidity squeeze amid seasonal demand ahead of the festive season. Data showed that the value of the local currency to the greenback

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