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Recent U.S. trade policies, including aggressive tariffs on auto imports, have introduced significant volatility in global currency markets, affecting major currencies such as the euro, British pound, and Japanese yen.
Central Bank Chief's Removal Sets Stage for Currency Liberalization
Nigeria is a large country located in Western Africa. It is a culturally diverse country with many different ethnic and linguistic groups. The official language is English, but there are also many local languages spoken. The country is home to a l...
The EUR/NGN exchange rate has demonstrated stability, currently trading at 1793 NGN, just above its three-month average and within a narrow range.
The GBP to NGN exchange rate has faced challenges recently, with the pound being undermined by budget uncertainties in the UK.
The USD to NGN exchange rate has recently seen fluctuations influenced by various macroeconomic factors affecting both the US dollar and the Nigerian naira.