Nigerian Financial Markets: Rising Yields And Central Bank Moves Shake Traders - Business - Nairaland
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| Nigerian Financial Markets: Rising Yields And Central Bank Moves Shake Traders by Mateco556: 4:20pm On Nov 06, 2023 |
Nigeria’s financial markets experienced a week of turbulent activity, marked by rising yields, increasing liquidity tightening, and shifting sentiments. As local and international players grappled with these dynamics, the Central Bank of Nigeria (CB) took a series of measures to address the evolving economic landscape. FX Market Dynamics and Central Bank Actions The foreign exchange (FX) market saw total turnover amounting to $503.95 million last week, with Friday’s turnover registering at $98.82 million. Year-to-date, volumes traded at the...... https://ratecaptain.com/nigerian-financial-markets-rising-yields-and-central-bank-moves-shake-traders/ |
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