Reforms: Forex Inflow Surges By 66.7% To $2.2bn

Foreign exchange inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) surged by 66.7 per cent last week to $2.2 billion after banks complied with the new directives of the Central Banks of Nigeria.

The bountiful supply was however not buoyant enough as the value of the naira dipped by 2.3 per cent.

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