FX sectoral utilisation down by 46% QoQ to $3.4bn in Q3’23

Tribune Online
FX sectoral utilisation down by 46% QoQ to $3.4bn in Q3’23

DATA from the Central Bank of Nigeria (CBN’s) latest Quarterly Statistical Bulletin (QSB) has shown that the total value of foreign exchange (FX) utilised within the Nigerian economy declined markedly by -46 percent quarter-on-quarter (q/q) to $3.4 billion in third quarter (Q3) 2023. On a year-on-year (y/y) basis, the value of FX utilised by the […]

FX sectoral utilisation down by 46% QoQ to $3.4bn in Q3’23
Tribune Online

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