Naira slides for second straight week as reserves drop

Source: BusinessDay Nigeria - Read the full article at the original source
Naira slides for second straight week as reserves drop

<img src="https://cdn.businessday.ng/wp-content/uploads/2024/05/Naira.png" alt="Naira mutual funds surge 140% as dollar bets cool" srcset="https://cdn.businessday.ng/wp-content/uploads/2024/05/Naira-300x171.png 300w, https://cdn.businessday.ng/wp-content/uploads/2024/05/Naira-534x305.png 534w, https://cdn.businessday.ng/wp-content/uploads/2024/05/Naira-284x162.png 284w, https://cdn.businessday.ng/wp-content/uploads/2024/05/Naira-254x145.png 254w, https://cdn.businessday.ng/wp-content/uploads/2024/05/Naira-210x120.png 210w, https://cdn.businessday.ng/wp-content/uploads/2024/05/Naira-100x57.png 100w, https://cdn.businessday.ng/wp-content/uploads/2024/05/Naira-285x163.png 285w, https://cdn.businessday.ng/wp-content/uploads/2024/05/Naira.png 700w" loading="lazy" sizes="(max-width: 700px) 100vw, 700px" class=" pl" /><p>&#8230; CBN moves to boost FX supply The naira recorded a weekly loss of N21.68 against the dollar in the</p>

<p>read more <a href="https://businessday.ng/news/article/naira-slides-for-second-straight-week-as-reserves-drop/">Naira slides for second straight week as reserves drop</a></p>

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