FX Inflows Rise 31.9% to $4.36bn in July

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FX Inflows Rise 31.9% to $4.36bn in July

LAGOS — Foreign exchange inflows into the Nigerian Foreign Exchange Market rose 31.9 per cent to $4.36 billion in July from $3.31 billion in June, the highest in five months, according to FMDQ data cited by Cordros. Local sources contributed $2.91 billion, while foreign inflows fell 13.9 per cent to $1.45 billion.

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