Topic - Us Dollar/Nigerian Naira Fx Spot Rate, Fx Spot Rate, Thomson Reuters

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Pedestrian shop for food at the Mile 12 Market in Lagos, Nigeria, Friday, Feb. 16, 2024. Nigerians are facing one of the West African nation's worst economic crises in as many years triggered by a surging inflation rate which follows monetary policies that have dipped the local currency to an all-time low against the dollar, provoking anger and protests across the country. (AP Photo/Mansur Ibrahim)

Nigeria’s currency has fallen to a record low as inflation surges. How did things get so bad?

Associated Press