Home Business One-month naira forward down 3.1% after FX shift

One-month naira forward down 3.1% after FX shift

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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.

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