web hit counter Naira under pressure in black market amid U.S. Dollar resilience – See The Stars

Naira under pressure in black market amid U.S. Dollar resilience

The local currency was unchanged against the greenback on Thursday as the haven currency firmed sharply, despite an interest rate cut by the U.S. central bank, which was offset by less dovish signals regarding future rate hikes. The naira closed flat against the dollar in the parallel section of the forex market, trading at N1,660/$1. …

About admin