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Emerging Markets

Naira rebounds to N1,358.25/$ as reserves climb above $52 billion

Nairametrics · 1h ago · 🇳🇬 Nigeria

Naira rebounds to N1,358.25/$ as reserves climb above $52 billion

The naira strengthened by N5.75 against the US dollar over the week, closing at N1,358.25/$ at the Nigerian Foreign Exchange Market (NFEM) on Friday, according to Central Bank of Nigeria (CBN) data. The post Naira rebounds to N1,358.25/$ as reserves climb above $52 billion appeared first on Nairametrics .

Read the full story at Nairametrics →

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