The Nigerian Naira weakened significantly against the U.S. dollar following the Central Bank of Nigeria’s (CBN) decision to hike interest rates for the fifth time this year. The naira dropped to NGN1,658 per dollar on the official foreign exchange market after the CBN increased the benchmark lending rate by 50 basis points. On the parallel […]
Source link
Nigerian Currency Plunges After Central Bank Rate Hike
Related Posts
Leave a Reply
- USD
- EUR
- GBP
- AUD
- JPY
Bitcoin(BTC)$64,189.000.95%
Ethereum(ETH)$1,733.370.56%
Tether(USDT)$1.00-0.01%
BNB(BNB)$589.800.66%
USDC(USDC)$1.000.01%
XRP(XRP)$1.150.03%
Solana(SOL)$73.242.26%
TRON(TRX)$0.3258611.24%
Figure Heloc(FIGR_HELOC)$1.030.00%
Hyperliquid(HYPE)$69.39-0.90%
- Trending
- Comments
- Latest
Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Crypeto News.