Forex: Turnover in NAFEM rises 61% to $43bn
By Elizabeth Adegbesan The volume of dollar traded (turnover) in the Nigerian Foreign Exchange Market, NAFEM, rose Year-on-Year (YoY) by 61.9 percent to $43.09 billion in the first eleven months of 2024 (11M’24) from $26.6 billion in the corresponding period of 2023. Details of the quarterly transactions in the market as published by FMDQ showed…