Naira Slips to N1,326 Amid Central Bank Rate Cut
The naira hovered near 1,326.34 against the American dollar on Friday morning as foreign exchange desks weighed the monetary loosening of the Central Bank of Nigeria. Spot trading saw the domestic unit edge between 1,325.42 and 1,327.00 before settling around 1,326.34 in the official autonomous window. That movement extends a week of gentle depreciation following…
