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Emerging Markets

Nigeria’s record $4.38 billion FX turnover may mask liquidity risks, AERE warns

Nairametrics · 1h ago · 🇳🇬 Nigeria

Nigeria’s record $4.38 billion FX turnover may mask liquidity risks, AERE warns

The Alliance for Economic Research and Ethics (AERE) has warned that Nigeria's reported $4.38 billion foreign exchange turnover may be masking underlying liquidity risks, cautioning that the record trading volume should not be interpreted as evidence of a deeper or more resilient FX market. The post Nigeria’s record $4.38 billion FX turnover may mask liquidity risks, AERE warns appeared first on Nairametrics .

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