Nigerian Naira depreciates on investors transactions

Note: This section contains information in English only.
Source: Bloomberg
The Nigerian Naira edged lower by 0.1% to 157.60 per U.S. Dollar by midday trading session in Lagos on Thursday. The currency of the biggest Africa's oil exporter depreciated due to speculation that traders in Nigeria were willing to exchange their profits from the local bond and equities market in the U.S. Dollar.

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