The turnover of US Greenback transactions on the official international change market plunged by 64.31 per cent to $96.13 million on the shut of labor on Monday.
FMDQ knowledge on Monday confirmed that USD transactions depleted to $96.13 million from $269.35 million.
In the meantime, the naira appreciated barely to 0.58 per cent to N1,617.96 per USD on Monday in comparison with N1,627.4 on Friday.
Central Financial institution of Nigeria knowledge confirmed that the international reserve stood at $34.11 billion as of seventh March 2024 towards $34.02 billion posted on the day past.
The event comes because the Economist Intelligence Unit had suggested the Nigerian authorities to think about international loans to resolve liquidity challenges dealing with its FX market.
