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Day: April 21, 2024

Official exchange rate crashes to 6 day low as reserves fallĀ 

This is the weakest it has been since April 8, when the official rate closed at N1,230.61/$1, suggesting downward pressure ahead of the weekend.  The exchange rate at the official window strengthened to N1,072.4 on Wednesday, the lowest since January 2024, as the apex bank stepped