Forex constraint depresses investments in stock mark

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Forex constraint depresses investments in stock mark vanguardnews

Foreign investors’ apathy in the Nigerian stock market has led to a decline in the value of investments on the Nigerian Exchange Limited in the first nine months of 2021, despite the increased volume of transactions reported by the exchange during the period.

However, Quarter-on-Quarter breakdown of transactions in the market for the nine month period showed a consistent decline in the value of traded equities.

 

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