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Nigeria's FMDQ Weekly FX Turnover Falls 35.4% to $1.7 Billion
Nigeria's FMDQ weekly foreign exchange turnover fell 35.4 percent to $1.7 billion, with spot transactions dropping by $956 million, signalling a tightening in FX liquidity. The decline is being flagged as a factor affecting Nigeria-exposed fintechs and traders dependent on stable foreign exchange access.
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- FMDQ’s weekly FX turnover falls 35.4% to $1.7 billion as spot transactions drop $956 million · nairametrics.com · T2