Nigeria FX inflows hits 16-month low of $2bn in November

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… As CBN boosts supply in November


Nigeria has recorded foreign exchange (FX) inflows of $2 billion, its lowest level in 16 months, even as the Central Bank of Nigeria (CBN) increased its supply to the market in November.


The decline underscores the persistent pressure on FX liquidity and the challenges confronting the naira despite ongoing monetary interventions.

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