Nigeria one-month naira forward down 3.1 pct after FX shift

Naira

Wed May 25, 2016/Reuters

May 25 Nigeria’s naira fell 3.1 percent in the one-month non-deliverable forward market on Wednesday, a day after the central bank said it was adopting a more flexible foreign exchange policy.

The one-month naira forward fell to 226.30 against the dollar, according to Thomson Reuters data.

(Reporting by Chijioke Ohuocha; Editing by Ulf Laessing)

 

Leave a Comment

Your email address will not be published. Required fields are marked *

*