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FX turnover rise by 56.67% as naira close N394.50k at I&E window

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The foreign exchange turnover on Wednesday rose by 56.67 percent to $52.50 million from $33.51 million recorded on Tuesday at the Investors and Exporters (I&E) forex window. This led to improvement in liquidity as FX dealers show strong participation in the market. However, the level of liquidity could not strengthen the local currency as naira…

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