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Home » Highlights » Market Highlight: Vol. 88

Market Highlight: Vol. 88

  • Since 2018, banks’ differentiated CRR has left N2.1 trillion in loans from the CBN intervention unpaid.
  • MCSI deletes Nigerian indexes from frontier markets.
  • Cargo clearance exchange rate further reduces by ₦20.91 – CBN.
  • Naira appreciates to ₦1,382/$ on Thursday as the Presidency cautions speculators.
  • Dangote, MTN, and others lose ₦1.7 trillion to naira depreciation.
  • CBN clears remaining valid FX backlog as external reserves rise by $993 million.
  • Japan is considering diversifying its $1.5 trillion Pension Fund into Bitcoin.
  • Japan braces for life with interest rates after historic change.
  • The Chinese Yuan has fallen to a four-month low, and state banks have stepped in.

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