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The Punch

Nigerian FX market turnover reaches $3.37bn following 98% increase

Trading volumes in the Nigerian foreign exchange market surged by 98% to reach a total of $3.37 billion.

The local financial markets are experiencing significant shifts in investor sentiment and macroeconomic adjustments. Stakeholders are currently monitoring weekly trading flows and institutional participation within the sector.

Brief written with AI from reporting by The Punch. All rights to the original story belong to the publisher.

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