Weekly Market Review: Vol. 104

Prologue The interbank money market had a liquidity deficit throughout the week as OPR and O/N closed at 31.61% and 32.45% respectively. The position opening Friday was a little over ₦663 billion short. As NAFEM closed at $/₦1,563.80 and the street market closed at $/₦1,600, the exchange rate appeared to be skewed in favour of […]