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First Naira-Settled OTC FX Futures Contract Matured and Settled July 27 on FMDQ

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FMDQ logo         ₦962.23mm Settlement Amount paid to the ‘Futures Banks’ on the $/₦279 NGUS JUL 27 2016 contract The month of July is poised to report an encouraging increase in overall FX market activity. Precisely one (1) month into the June 27, 2016 introduction of and formal unveiling of the Naira-Settled ...

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