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Liquidity rises, external reserves grow but naira falls

Nigeria’s currency on Friday weakened against the dollar despite increased liquidity and growing external reserves. After trading on Thursday, the foreign exchange market closed with Naira losing 0.24 percent to the dollar at N409.75k compared to N408.75k closed on Wednesday at the Investors and Exportes (I&E) forex window, data from the FMDQ indicated. The Naira…

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