BREAKING: Naira Crashes To All Time Low Since March 2024


Naira has crashed to all time low since March 2024.


PoliticalNews Nigeria stories that the naira has suffered a major depreciation on the Nigerian Autonomous Overseas Change Market (NAFEM) window, falling to N1,561.98/$1 on Wednesday, July 10, 2024.  


Based on information from the FMDQ Securities Change, the naira depreciated by 2% from N1,532.58/$1 recorded yesterday.  



That is the third consecutive deprecation amid stronger exterior reserves and rising international change (FX) turnover. 


Additionally it is the bottom stage since March 18, 2024, when it was N1,597.25/$1, because the naira nears N1,600 lower than three weeks after it crossed the N1,500 ceiling.


Extra Particulars Shortly….

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