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The Nigerian Naira opened with a modest recovery on Tuesday morning, trading at N1,358.20 per Dollar in the official window. Early sessions at the Nigerian Foreign Exchange Market (NFEM) showed the currency oscillating within a tight band between N1,357.31 and N1,358.63. This stability follows recent central bank interventions designed to smooth out mid-month liquidity volatility….
The Nigerian Naira began the trading week with measured stability, opening at N1,358.84 per Dollar in the official market on April 13. Early volatility saw the currency touch N1,362.08 before central bank liquidity management tethered it back to its starting range. This official rate reflects the ongoing effort by monetary authorities to curb wild fluctuations…
